Taxes 10k HOA is 9k The current owner never did short-term rentals.

This allows you to use all of the tax and deferred depreciation recapture to purchase the larger MF propertyA consolidation exchange is where you sell multiple investment properties to purchase a larger and nicer investment property, but you also get the benefit of using all of the tax you would have had to pay to your advantage.

It’s definitely smart to evaluate the tax and cost implications of your funding options.

That will show what proposed tax increase you will see.

Where to get the most recent and accurate data for things like:Unemployment dataPopulation growthJob diversity and top employers in the areaVacancy rates (eg huduser.org)Property taxes and jnsurance costsI saw bp pro and reventure and a bunch of other websites provide some of this data, but i wonder how accurate and recent it is.

Rentals generate passive income, so an S-Corp offers no added tax benefit.

You have the ability to sell while limiting your capital gains tax because you lived in 2 of the last 5 years. 

Be sure to hold a hefty reserve to handle on-going maintenance, capex, taxes, and insurance.

Now I can see some builders having an issue with comps.. but other than that its crazy to take these funds as income and then pay tax and plow it right back in.. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.