After so many years of going unnoticed and dealing with difficult customers, my work is finally being recognized by good people and that feels like an achievement. 

Right it is important to recognize the emotional components to investing and make rational moves. 

As mentioned by Eric, you could do this as a DSCR loan just recognize it will have a higher rate.you also did not mention loan amount or down payments as that will also come into play with a NW condo. 

However, just like most of the opportunities out there for tax mitigation, they generally involve recognizing the tax liability and then mitigating it. 

Biggest challenge though was the even though the county recognized it as a SFR (title deed removed) the banks and insurer still see it as a mobile home.

I have heard that LLC is not recognized in Canada for tax purposes.

It’s awesome that you recognized the value of involving the right people and letting professionals guide the process.

By recognizing the property’s immediate resale potential and pairing it with the right buyer, we turned a simple transaction into a profitable deal.

Contrary to what others have said, I think finding an accountant who is local or atleast very knowledgeable about the tri-state area state taxes is important.New York has very different tax laws than other statesI.E. an MCTMT tax if you have a business within a specific area, NYC not recognizing S-Corp Status, etcNew Jersey's tax return is drastically different than the federal.

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