Possible best course is to 1031 exchange into better areas in milwauke or somewhere else.the other option is to hold on to it, wait for leases to be up.

@Brynn Walden, Syndications may be tough to work with a 1031 exchange. 

I'm not buying any more properties (unless I do a 1031 exchange, highly unlikely right now) so more new mortgages.  

I would love to connect to exchange ideas and even see if there are ways we can help each other. 

We've noticed a very strong increase in out of state investor interest in Oregon motivated by Oregon 1031X Exchange transactions and wanted to share some insight into alternative income producing asset classes that are common, attainable and available in Oregon. 

Eventually, I plan to sell it via a 1031 exchange for either a multi-family property (Savannah, Ga..?)

He says everyone in all the surrounding towns uses this agent and he used the agent when he had purchased long ago (maybe 15 years prior).Fortunately my first foreign exchange student in now a lawyer for the German government and her husband is a German judge.  

If you create a new partnership then you are not meeting the same taxpayer requirements of the 1031 exchange. 

It seems risky to continue to defer and eventually be stuck with the taxes on that depreciation when I would sell, I could do a 1031 exchange but will it eventually be recaptured at some point correct?

But when I said no this time, tenant wanted to exchange words with the contractor.