If you sell an investment asset and use the 1031 process to purchase new investment real estate you indefinitely defer paying tax. 

However, I don't keep it there indefinitely.

Make sure you don't fall down the hole of trying to learn everything there is to know about notes indefinitely.

Renter found within 2 days of listing, will stay indefinitely.

Use it for investment and when you sell you can take advantage of a 1031 exchange and begin deferring tax on the gain indefinitely.

That's the kind of wave we want to see heading for Birmingham, and business, political, and community leadership are working together to make sure this new generation of innovators finds a home in our revitalized community.Whether you think CA will remain the Tech Hub indefinitely or not, this piece does a great job of highlighting some of the future-focused businesses and programs being built in Birmingham.

Reduced potential for near-term growth but indefinite defensibility. 

@Patrick Gomoljak It shouldn't be a problem to get a loan on the new house, then pay if off in a few months once the old one sells, provided your income can support qualifying for 2 mortgages at once (you'll have to qualify as if you planned on making both payments indefinitely, it won't matter to an underwriter that you plan to sell the old house soon).

I would rent to them indefinitely if they turn up being cool though.My big concern is with foster children if things landlord tenant relationship are bad with them in the house and I do issue a notice of non-renewal what would be the likelihood of an eviction if they refuse to leave. 

However, that doesn't mean that I think it's okay for this bank to continue to cost people undue amounts of due diligence money indefinitely.