But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.

Any pieces of advice are much appreciated! 

Because of this, I put up a sign in the hallway that says we are now implementing quiet hours, and I gave each Tenant a piece of paper outlining quiet hours.

The part that I can see being the most beneficial to us, personally, is the "REI Hub" which is the accounting piece that you can opt to pay for as part of your monthly subscription.

This month's Units magazine from the National Apartment Association has a good piece on fraud detection.  

It’s a fantastic way to diversify your portfolio and build long-term wealth.A few pieces of advice:1.

A good company can do a market analysis to see what is the rental rates are for that particular area, do evaluation to see what repairs are needed, take the right pictures for marketing, have multiple ways of posting your property and finally getting the right tenants so you have a piece of mind.

This will give you one critical piece of information, that it may take X days to get an offer and sell, and the second item will give you what your competition is right now.

Question 2: Is it a good idea to put every piece of property into a separate LLC entity (1 for 1) or is it okay to put a few properties into the same LLC?

One piece of advice I never forgot is to never ever sign anything without a copy and without a lawyer looking at it first.