- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.14 properties - presume these had to have been single families.Oh, I'm modifying the original post to mention leaning toward creating a trust which we manage..so we would own very little yet manage the trust which owned investments and such.Here is what I understand/misunderstand (better or worse) on moving every 2 years (as we are open to that albeit pia.) • Multi-unit would only support a %, so a quad would 25% and prorated over all years of ownership....witteling advantage to not worth the effort. • Single unit properties get pro-rated.

After I fill the last vacancy, the building will generate as much cash flow in one month as its predecessor would have generated in a year.There are so many other stories whose origins are with that same knock on the door, but this one's already long enough.

Alternatively, your brother could buy your share, which would result in capital gains tax for you on the difference between your share's original cost and its current value.

Originally posted by @Don Spafford:@Randall Gonzalez I just now watched the Jerry Norton 10k webinar talking about it.

Originally posted by Account Closed:Robert Lindsley That's the exact issue.

Per my original post, "The Pitch".

For this deal to work under those conditions, the purchase price would need to be closer to $179k.With your original assumptions 249k, the deal is marginally acceptable but not great, given the negative cash flow in the early years.

What your deal would ultimately entail is a buyer who trusts you enough to give you $125k and trust you to pay it back while his property is encumbered by both your seller finance note and your original mortgage for $125k.

What you propose is different but in your original post this was not clear.with the additional info, I have seen similar comped with quads.  

Do you need license like you need to become a conventional loan broker aka originator (I happen to be one, licensed in NY and NJ).