Not knowing exactly what you make, I believe you are phased out of that investment vehicle, so unless you want to go through the hassle of a backdoor roth contribution, that's out.With the most recent push for tax reform, there may be the possibility of taxes being lower now than in the future, which is what you were worried about in our first back and forth. 

The trickle of wealthy émigrés out of New York has become a steady stream since police “reforms” released prisoners and mentally ill homeless people into the streets.

You who wish to reform everything!

There was major reform after the crash and as a result these bad practices were discontinued.2.

Congressional tax reform bills.

When you sell the property, you will pay capital gains tax, but capital gains tax will not be subject to SE tax.With that being said, the Tax Reform proposal might change the SE tax application for certain real estate investors - namely those that are considered in an active trade or business.

If this high speed train comes in and the local cities continue to reform and create areas that draw new businesses in.

Maybe we as landlords need to band together as an industry and develop some best business practices and seek true justification for why we are operating the way we are and reform so that the government doesn't need to step in so much and force us into reform.

Two big reasons... market in North Jersey seems expensive now, especially after the last round of tax reforms.

Perhaps one major change is the 1031 rule, which I would support if it wasn't just taxing the real estate industry, but major tax reforms like offshore tax sheltering etc (not just raising the tax, we're at 35% the highest in the world).