If you sell or transfer the property - that basis is re-evaluated at the time of the new sale  and would likely increase - making your taxes higher.  

Hi.  What resources are best for managing my day to day & week to week, etc.  How does anyone like Asana? Or have other suggestions or tips for sorting property searches, managing goals, and renovation details.  T...

Hello,I am a rookie investor looking for guidance.  For a turnkey property what is a reasonable cash on cash return expectation for a property located in an "A" neighborhood?  And "B" neighborhood? Thank you.

I have 8 years under my belt with re investing and 10 doors to show for it, all in california!

However, using a 1031 exchange allows you to defer both capital gains and Normal depreciation recapture in RE asset taxes by reinvesting in like-kind property.For the assets that were segregated as non-real estate, you cannot do a 1031 exchange on Non-RE assets.

Property is not advertised on FB marketplace and shared to local RE groupsStill doesn't rent?

It appears the percentage of people living this way is growing and the internet is giving them an easy way to constantly complain, "woe is me".Unfortunately, politicians are starting to pander to this segment of the population for votes.Unless something changes, morally-challenged politicians will give more and more government subsidies to these people (to get re-elected), increasing the national debt until the country defaults on its debt.

Sure thing Abel, it's definitely good to keep your mind open with all the various RE strategies out there.

That sets the tone for learning about the future.All the advice here (and there are great insights) will not substitute going out and getting a deal.if you are serious about a future in RE, you will learn from your mistakes in your first deal and you will use those mistakes to help you in your second deal and so forth.Most importantly you will if you enjoy the journey of RE investing.

Every city is different, PLEASE get yourself to a RE meeting, and do NOT try and do all this from books and sitting online, it will not end well.