Hi all,Nice duplex, stirred up some wasps when painted the exterior. Downstairs tenants say husband is highly allergic. So I throw them in a hotel for the night till I can get the exterminator there the next morning. ...

With that in place, you can offer the seller more than their asking price, you can offer them a deal that works like a long term annuity, you can offer it as retirement income (think second social security check for 30+ years)  You can even offer to send their family on annual vacations or pay for a college rental for their children. the only limit n this technique is your own creativity. 

The # of taxable estates in the US has dwindled due to many of the common planning techniques.

This is hopefully not as complicated as it might sound, but was wondering if any of the great minds on this forum have thoughts on best strategy for current situation.My husband's parents are fortunate enough to own two properties:House #1: A bungalow a few blocks from the beach in Venice Beach, CA - purchased for basically nothing in the 80s, own outright, probably worth about $1.2 million (guessing).House #2: A 3bed 2 bath amazing view house with guest house in Topanga, CA - purchased for basically nothing in the 80s, has a 350k mortgage on it, probably worth about $2 million.

And when you add in a wholesaler to the mix, you probably have an extra level of risk because now you're including another potential complication by adding in a middleman - essentially someone who is in between you (the buyer) and the other party to the transaction (the seller).However, with all that being said, there are ways (in my opinion) to limit your risk in these transactions:1)  Always thoroughly review the purchase contract that is being assigned to you. 

However, the flipper miscalculated rehab costs, and they claimed that things got complicated due to Covid-19 as they couldn't close buyers' escrows for a while. 

Covid complicates the closing process and I underestimated the impact on current tenants while a property is being sold.

Covid complicates the closing process and I underestimated the impact on current tenants while a property is being sold.

Since it would have delayed/complicated things, only he is on the LLC which has the deed.

Since it would have delayed/complicated things, only he is on the LLC which has the deed.