Not to mention you get to postpone the inherent costs, realtor fees, etc. if you sell your property.  

For in-person auctions keep checking the status right up until you're ready to hop in the car because they're frequently canceled or postponed at the very last minute.

Most properties get postponed or cancelled and occasionally, they add opening bids the last moment, which makes it difficult for you to do your homework.

After the __-year term, the property will be sold If the time is not opportune to sell after the __-year period (ie. the housing market isdown) and both the partners agree, the sale of the property can be postponed to a timedeemed appropriate by both partners If one partner wishes to exit before the __-year term, see terms in the Buy-Out/ExitOptions sectionMortgage and Title Both partners will apply for the mortgage and will be co-borrowers on the mortgagenote Title to the property will be in both partners’ names with a ‘Tenants in Common’designation.

(in NC that is) I do not del in other states but would think it would be the same. 2 months is enough time to contact seller, get house under contract and submit package to the bank and request a "stay" or postponement.

I am ready to get approvals from the municipality and the seller is now holding up the process and delayed it so much that we are having to postpone the development until spring of 2024.  

I just received an update that I need a Certificate of Occupancy so I'm not sure how long that will postpone this process.

Essentially you will be postponing starting your investing career for 15 years until your house is paid off or until you somehow manage to save up to start buying real estate. 

@Brent CoombsWe might be able to justify postponing the unsecured note as a gain if not paid in full upon subsequent sale, but probably not a deal breaker.

This recapture tax can be postponed indefinitely by not selling the property, or selling the property under a 1031 exchange and keep postponing, and repostponing the tax until you eventually die at which time this tax debt effectively dies with you and goes away entirely.