But when it's equity gains, no tax, only at time of sale and if you 1031 Uncle Sam let's you continue to use that tax-$ for investing purposes.

Thank you for your time and insight!

It typically involves a person gaining access to remaining equity in a home that is subject to foreclosure.10. https://www.legalmatch.com/law-library/article/equity-stripping-lawsuits.htmlAcquisition: The rescue artist convinces the homeowner to transfer the title to their house to them as a way to avoid foreclosure.

If you can attend local investor meetups, that’s a great way to gain market insight and connect with reliable people.It’s also smart to start small with a couple of flips to test the waters, and make sure you understand the local market dynamics before scaling up.Good luck with your expansion! 

Does anyone have any insight for the next steps.

These are good insights thanks Jeff and Sarah, I will look into this for my market. 

All the depreciation and the capital gains go away.

This is just a brief post to give some insight into the local maintenance costs in the Metro Detroit area. 

Could you provide some further insight?

I lost money (opportunity loss) but I gained a wealth of experience. 2.)