Hopefully I will learn more about them when I talk to the LP who brought this up to me on Monday.

I looked at my return for you, hope this helps but check with your own CPA.- Unrecaptured falls under section 1250 and is treated as ordinary gains and capped at 25%- My capital gain from appreciation and improvements under section 1231 was treated as a long term capital gain since I owned both assets over a year.Hope this helps.

Hope this was helpful!  

I appreciate your caution but I am going to continue what is working for me, if It stops working I only lose a bit of money the rest of my money is in the SMP and it wont be taken out to fund more trading endeveurs.

Because, the lender is entitled to know what risk they are taking with their money.That being said, on seller financing, if someone gets sued and loses, the lien/judgement can be filed at the county, (it's not automatic, someone has to prepare and send the paperwork) which the bureaus will pick it up on producing a credit report.

What’s your main focus, or what are you hoping to get out of your journey here?

I hope this helps.

I am starting to become involved in real estate investing and I am looking between two cities in Ohio to purchase my first property (hopefully a duplex).

Hope this is helpful!

Hopefully that means my PM and I are both happy with the deal.  :-)