I recommend consulting an attorney who specializes in business and real estate law before making a decision.

He was netting 30,000 monthly with these running 24x7.My goal is to assess the value of business without game machine license and with gas.Scenario 1:Terms if I assume his lease and pay him off at 250,000.Rent 8200 (somewhat negotiable)Utility 1500Payroll 6000Insurance/internet 350Current Inside Sales: 45000Current lottery commission: $3000Gas when pumps were working: 20,000 gallons at 30c.Based on these numbers, I am guessing he is putting money into this business without working pumps and no game machines.

Privacy laws here in Canada would make a skip tracing business quite a challenge

It looks like in Vermont & Wyoming you would do it through the Secretary of State: Vermont: https://sos.vermont.gov/corporations/registration/Wyoming: https://sos.wyo.gov/Business/StartABusiness.aspx

Hello, if I sell an LLC holding real property to a homestead buyer, can I use commercial loan terms on this (business/holding company) sale?

On either side of a 1031 exchange, the property must have intended to be held for a productive use in a trade or business.

Make sure to build a strong team, and business plan.

My only question would be are you open to implementing the BRRR method with this duplex or are you looking for something move-in ready?

The initial business plan was to renovate and turn units to get them to market rents on a 2 year hold with a refi EOY 2.

In January my wife and I purchased 130 acres of land, for 480,000$. we are going to sell two 10 acre building lots,  probably for somewhere between 100-150,000 each. we will keep the other 110 acres.  2 acres we will subdivide out for ourselves to build a house on,  and the rest will be rolled into a Christmas tree business. on the acreage that we sell,  will we be hit with capital gains since we're still going to be approximately 200,000 in the negative?