We don't see the level of demand that we had in 2021, but we haven't had much turnover, and we've rented quickly each time we've gone to market.Next year, we'd really like to cash-out refi or 1031 exchange some high equity properties and buy our first (large for us) 30-50 unit (1978+) multi-family.

Over time I have amassed a good quantity of houses with no mortgages.

I have a unique plan for getting ADU's done quickly and economically.

My favorite source is Navy Federal for its long draw period of 20 years, and Figure for its fast funding.  

If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

This is most of the depreciation you are taking year one.You can calculate your depreciation recapture by taking the sale price of the asset and subtracting the adjusted cost basis.The adjusted cost basis is what you paid for the asset plus any improvements you made along the way minus the depreciation you took along the way.The profit above this original cost is taxed as a capital gain, but the part linked to depreciation is taxed at a maximum rate of 25% under the unrecaptured gains of section 1250.To recap the tax rates are:- Sec. 1250 real property: 25%- Sec. 1245 property and 15 year 1250 property: Ordinary Tax RatesThere are ways to minimize depreciation recapture especially if you know how to work smart with your CPA.1) Asset Valuation at Time of Sale - Sellers can minimize recapture by reallocating the price of the assets on sale.

Try to buy “blocks of time” in advance?

I quickly figured out duplexes aren't the greatest for cash flow so I sold it a few years later and started investing in RI.

With smart negotiations and a streamlined process, we capitalized on the opportunity for a quick and profitable turnaround.

This setup ensures every project stays on schedule and within budget, which is huge in a market where timing is everything.3.