Then you can do a 1031 exchange or sell it at a lower tax rate. 

Knows real estate tax write-offs and how I can best apply them!

The 1031 exchange will indefinitely defer all tax on profit and all depreciation recapture.

Hi Ricky,Being in operation for 10 years with mid seven figures of assets and NNN leases,it would be wise to speak with your tax advisor regarding if the tax set up should be an LLC, an S-Corp  or a C-Corp.It would also be wise to speak with an asset protection attorney to find out if this is something that might be beneficial to you in that area.

What's even more frustrating than asking the IRS help desk, is asking a Turbo Tax "Tax Specialist".

When we looked at what his cashflow is currently, and then considered what he would net out of a sale post tax, he decided to keep owning the properties.

Did you have taxable income that could’ve been reduced utilizing tax strategies?

I've been watching Chad Carson's videos and his approach of accumulating more properties than you need, then start using that income to pay off mortgages and cull the lower performing properties makes sense to me. 

To qualify for active status on short-term rentals for tax purposes , you need to meet the IRS’s material participation requirements.

No management costs as it would be self managed, and estimated property taxes by the average of the past few years.