Did you happen to listen to a podcast or go to a seminar that’s leading you down a stupid path?

Intangible assets like goodwill or tangible personal property (e.g., equipment) are excluded from 1031 treatment and are taxed separately—goodwill is typically taxed as a capital gain, while equipment may be subject to depreciation recapture taxed as ordinary income.To minimize taxes on the sale of the business, consider strategies such as Opportunity Zone investments, which defer gains until 2026 if proceeds are reinvested in a Qualified Opportunity Fund (QOF), or structuring the sale as an installment agreement to spread taxable income over multiple years.

I’ve been investing in Detroit for years and built my 12-door portfolio there, generating $16K/month in gross rents.

@Lawrence Mitchell,Welcome to the BP community. 

I've been in manufactured housing for near 30 years now. 

We own a rental property in Helena, AL that we purchased about two years ago. 

And the ONLY people being foreclosed on have to have purchased very recently and have zero equity.

We’ve been working towards this for a few years, and it is very exciting to finally see the fruit of our labor!

Eg (making up numbers) if a fridge lasts for 15 years, and they break a 10 year old fridge to the point it can't be repaired, you can only charge them 1/3 of the price of a new one as it had 5 years left.For the keys, if the ones she gave you don't work for the new locks, then charge her for a locksmith who will come by and re-key all of them. 

To be more specific about what i'm looking to do: My 1-2 year goal is to employ the BRRRR strategy with SFHs and Condos by buying distressed / highly undervalued properties that need work (preferably all-cash) in low crime areas with strong rental demand, renovate them within budget (again preferably all-cash) and get them rent ready before refinancing them at the highest ARV possible.