Add that to about $25K tax for the depreciation recapture, that would be paying a total of $70K in tax if they do the 1031 exchange. 

So either you pay for the repair out of the idle cash in your account, file an insurance claim and use those funds, or rollover/transfer funds from another retirement account to cover the cost. 

Thanks, it all sounds good as long as I can avoid paying hefty taxes and generate cash flow.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

The 90% they are paying you back is probably 1/3 of what they're actually making by you committing to a deal.

Show Financial Stability- Proof of Income: Military pay provides a stable and reliable income source that banks value.- Creditworthiness: German banks assess your financial standing, so keeping accounts in good standing is critical.4.

@Michael Daniel Ultimately, it's all about confirming what the housing authority pays.

Not really worth paying their points if they are just doing what you are already doing. 

What should I do if my tenant isn't paying rent?""

Now if I pass that income as management fees to S-corp, I pay $3.5K (SE tax) + $800 (LLC fee) + $1700 (CPA + bookkeeping) = $6K in total.