What if the seller is NOT exempt from disclosures in your state and STILL doesn't provide a disclosure?

Quote from @David Krulac: @Yixiong Pan  Pennsylvania State Inheritance Tax has no exemption and starts at the first dollar. 

No aggressive scripts.Target pain signalsOut of state alone is not always enough.Layer filters like:• Long term ownership• No homestead exemption• High equity• Code violations• Pre foreclosure• ProbateBetter targeting = higher response = less chasing.One caution:Never scrape emails from random sources and mass blast.

.📜 Why This Is AllowedThe exemption exists because you are acting as the owner, not as an agent representing another person for compensation.This aligns with rules from theSouth Carolina Real Estate Commission.

Pull the actual Cook County tax bill and check:• Assessed value• Exemptions currently applied• Whether seller has homeowner exemptionIf they do and you will not qualify the same way, your taxes will reset higher.

For the rent control, the main house is older than 15 yrs, but I assume the ADU has 15 yr exemption, and we just added 200sft to the main house, I guess it give the main house also 15 yr exemption?  

The assessment rate will change once you file for the Legal Residence exemption on the new property.

Whether you take the primary exemption or wait till your plan is more formed, you'll still be able to use the 1031 exchange.

Shop your insurance aggressively, verify your property tax assessment and be sure you are taking advantage of any homestead or senior exemptions available in your area.You could also explore a reverse mortgage, if you qualify, as this is often the only option that can significantly reduce or even eliminate monthly payments with the loan repaid when you pass.

You’re correct on a couple important distinctions.A Solo 401(k) does generally have an advantage over an IRA when it comes to leveraged real estate, since qualified plans are exempt from UDFI on acquisition indebtedness (assuming the loan is properly structured as non-recourse and the asset is real property).