Just make sure you account for Denver’s higher property taxes, insurance costs, and the ever changing landlord regulations when running your numbers.Feel free to ask more questions about the area or strategies—I’ve helped clients with similar goals and have personally done house hacks and short-term rentals around Boulder and Denver.

If you’re looking to build long term wealth, accumulate assets, take advantage of tax code, and benefit from appreciation, then play the appreciation long game.

So yes you can exchange it to save capital gains taxes on $266k plus 19 years of depreciation recapture.

Tax autos out of existence. 

But tax benefit of MTR if there is difference between the 2 vehicle.

(cash flow, tax benefits, potential for appreciation) Whats the timeline?  

It sounds like you understand that you can only 1031 the real estate and will have to pay tax on the portion allocated to the business FFE. 

If the airport authority would deed the buildings to me, it would cause them to be entered on the tax roll.

Income taxes are a lot higher on rental income. 

I exhibit and talk at them about available tax benefits and cash flow that too many miss.