@Dani Beit-Or,Yes, since you're taking some profit (the primary exclusion) out that would reduce your reinvestment requirements by that much.the 1031 exchange will defer all of the remaining gain and the depreciation recapture.In your situation, you will have a total profit of around $1.5. 

Subtract depreciation, explained here:https://www.biggerpockets.com/forums/51/topics/1121063-expla...Because of Step 2, depreciation, many cash-flowing rentals end up showing $0 net profit, resulting in no tax increase and sometimes in tax decrease.

Much older than most of the other listings I'm into but the rough numbers indicate it would be pretty profitable (+$2,000/mo).

It is a non profit housing assistance service out of Charlotte.

I was able to build a small team, but have struggled to see profitable gain in my situation.Cool to hear you actually went over and introduced yourself to boots on the ground in that market.

Its value has continued to appreciate in the rapidly growing Fourth Ward neighborhood, making it a reliable and profitable investment that aligns perfectly with my long-term portfolio strategy.

Its value has continued to appreciate in the rapidly growing Fourth Ward neighborhood, making it a reliable and profitable investment that aligns perfectly with my long-term portfolio strategy.

Some groups seemed to be focused on using you as their cash cow to fund the organizers lifestyle. 

I have 6 more years of working for the same non-profit before I can get the loans forgiven, but in the meantime I cannot buy even a really cheap house through any means I've tried.

No, as I mentioned I have LTR rentals but it's becoming difficult to keep buying these when I don't get any immediate tax benefits from them, I've bought two in the last 2 years and had to put out a bunch of money to get them ready, etc and not one cent of that is a writeoff for me until years in the future when I actually have passive profit, meanwhile I live in a high tax, high COL state.