Not to mention I believe trusts can be taxed much more unfavorably than a partnership.

I would only refi when the rate differential made sense, to avoid an unfavorable rate adjustment, or to remove PMI (like with a FHA loan).

As long as we can keep some positive cash flow and not have to refinance during unfavorable debt market conditions, we should be able to ride out market crashes.

The information has kind of dribbled in but I see nothing in your latter posts to indicate any unfavorable tax situation other than that ridiculous claim by your accountant that 1031 wasn’t available.You owned it for multiple years and demonstrated your intent to hold.Your accountant evidently treated it the same and gave you the depreciation benefit.It sure sounds to me that you’re going to only pay capital gains rate and have to recapture the depreciation. 

What has been your unfavorable experience?

These terms are pretty unfavorable for long term buy and hold.

I do recommend that borrowers meet with the appraiser with comps in hand if there is a possibility the appraiser would choose unfavorable comps.

For awhile I thought this quote was bullocks because I interpreted it as a wash, two sides of the same coin, but now I've come to realize it makes sense and the time you described fits the bill perfectly.I think competition is always healthy but unbrideled compeition that allows anyone compete shifts the playing field in an unfavorable direction.

Unfavorable zoning changes.e.

Most private lenders/investors you may approach will smell the blood and unfavorable terms will only lengthen the pain.