It would be best to schedule a call so that these items could be discussed in more detail and provide answers to any additional questions you might have. 

Please reach out if you'd like to discuss this in more detail.  

This means you'll want to "write off" expenses related to a property you have in service because if those expenses don't benefit you this year they could in the future once you sell the property.We can get into a lot more details with the "if" "and" or "buts" BUT I think this would be the "simplest" answer without diving into your specific situation here.I hope this helps! 

Have your QI give you a detail lesson on 1031s and make sure you understand it.Pros:4.  

To their surprise, bookings actually ticked up a bit.You dont have to highlight every detail of your exterior if it’s not your property’s strongest suit.

Yeah @Kent Fang ching, you detailed a couple of the strategy actions we are doing for clients right now in MN. 

Here are the details of the property:Property Overview:Location: Texas2 lots, 2 warehouse buildingsFinancials:Mortgage: $4,897/month (balance: $530,000)Insurance: $830/monthProperty Tax: $1,800/monthBuilding 1:1 tenantRent: $7,570/month12,000 square feetBuilding 2:3 tenantsTenant 1: $2,850/month (5,000 square feet)Tenant 2: $1,793/month (2,500 square feet)Tenant 3: $895/month (1,250 square feet)The property was appraised for $2,200,000 three years ago.Given the current rental income and expenses, the cash flow is decent, but my family friend is looking to explore options that could potentially yield better returns.Would it make sense to:Sell the property outright and invest in higher cash-flow opportunities?

Such exciting news, but I will sadly be departing from this home in the next year or so as I plan to buy another home to move into or an investment property I haven't ironed out all the details yet. 

Yes, I think the name looms large, but that's why I gave the five traits which explain it in pretty good detail and go to what you are saying as well.

Shoot me a message and I can share some more details.