One piece of advice I never forgot is to never ever sign anything without a copy and without a lawyer looking at it first.

But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.

This is the piece savvy investors know how to do to unlock outsized profits..Thanks Greg.

Some owners expect their PMC to actually be a personal assistant:(How did you set expectations for this client when onboarding them?

My piece of advice would be to make sure you have a great agent in your corner to help you assess the market, make informed decisions, etc. having a good agent can be day & nights difference when it comes to your experience.

I have noticed a lot of investors are seeking out cities that are offering lower priced lots and simply adding a Modular or Manufactured and capturing a very nice cash flow.There is a new trend starting in Florida and in other states where an investor buys a piece of land or lot and add a 'Tiny Home". 

Currently the other unit is empty and wasn't sure how to handle the taxes regarding this, so I am looking for refences of an accountant in the Phoenix Metro who does house hack taxes.If you have any other pieces of advice or wisdom for landlord and tenant rights it would be greatly appreciated. 

The idea is the product of an ah-ha moment late Friday afternoon as I was scrambling to put the pieces of this puzzle back together.

I’d suggest negotiating the furniture into the sale and then slowly swapping pieces later as you personalize the space.

However, if it was a floating LVP floor, you should be able to relay the same flooring since water wouldn't damage the LVP flooring and you already have pieces cut to fit.