There is much confusion about the 4% and 6% in property taxes.Non owner occupied property is taxed at 6% of the value to get the taxable value.This does NOT mean your actual property tax is 6% of the purchase price for rental property,In reality property taxes are about 2% of the purchase price for rental properties and about 1% of the purchase price for owner occupied properties.Google Greenville County Property Tax estimator and play with it and get a sense of how it works.3.

Rather the equity than the taxable gain.

If you move into a property acquired through a 1031 exchange and make it your primary residence, you may qualify for the capital gains exclusion under Section 121 (up to $250K single/$500K married) if you live in the property for at least two of the last five years before selling.However, gains attributable to the time it was a rental property remain taxable (non-qualified use), and depreciation claimed during the rental period must be recaptured at a 25% tax rate.

Like, I understand it comes off my taxable income, but it's also not like I'm getting a check for 14k that I can throw at the panels.

The IRS partially validated it by saying it is taxable, but they also tax illegal earnings.

Flipping properties creates taxable events.

You can transfer cash and assets from one IRA to another IRA anytime, this is a non-taxable event.   

Plus you get interest income on top of your principal payments, too.Also allows you to spread the taxable gain out over time, which would help you keep taxable income low and potentially still contribute to Roth IRA in the year that you sell. 

Not only does this lower your taxable income, but it also allows you to support a cause you’re passionate about.

The increased depreciation deductions can offset your taxable income, including gains from the sale of the previous property.