Quote from @Wendy Zost: Quote from @Keri Win: I will be renting 4b2.5b home in the suburbs of Ga in the next few months.  

@Eugene Lubman Selling the property to your parents allows them to generate passive income while enabling you to perform a 1031 exchange to defer capital gains taxes.

B) Worst case is I sell my current home, move into the foreclosure, live in it for 2 years, and then resell without the capital gains tax hit.  

Plus to realize that appreciation it costs you money to sell, refinance, and potentially pay taxes on the gain. 

This is like when a seller says they don't want to pay capital gains so they want 200k on the contract and 200k in a bag.

I am also a part of Bill Faeth's Inner Circle as of this year and have gained a ton of insight of things we can do to run our business more efficiently. 

Partial 1031 Exchange: If you back out of the condo deal, you can still defer taxes on the portion already reinvested (the vacation rental) and pay capital gains tax only on the unused portion ("boot").3.

You are an absolute loser for defrauding thousands of investors for your own gain!

This time, she agreed, and the sale finally went through.This experience reminded me how seemingly minor items can hold enormous sentimental weight.

(And it also this a kick in the butt to find a financial planner, so I will be responsible and do that as well :))Return on Equity equation is adding up your returns (so actual cash flow and the gain on equity for one year) and divide that by your current equity.