Basically, as an accredited investor, you plunk down your money, sign a bunch of paperwork and let them deal with the property from identification and purchase to operations and disposition.

The primary disposition in all of that group is still foreclosure. 2.

SO approximate acquisition to disposition was about 130 days, give or take, not too bad considering the initial issues involved. 

We track everything from details of the dialogue, the analysis of the property, disposition of the lead, and much more.We let the calls go to voicemail and callback right away.  

You would only subtract routine permissible selling expenses such as:Permissible Selling Expenses and Closing Costs: Owner's title insurance premiums Escrow agent, settlement agent or closing attorney fees Real estate agent’s or broker's commissions Finder fees or referral fees 1031 Exchange Qualified Intermediary fees Documentary transfer taxes Recording or filing fees Attorney fees and costs related to the disposition or acquisition Tax advisor fees related to the disposition or acquisition You would NOT subtract any non-permissible operating expenses or costs nor any lender or financing related costs such as: Non-Permissible Operating Expenses, Lender or Financing Costs or other Closing Costs: Financing or lender costs such as loan fees, loan points, appraisal fees, mortgage insurance premiums, lender's title insurance policy premiums, and other loan processing fees and costs Prorated Property taxes Prorated rents Insurance premium payments Security deposits Payoff of credit card balances Repairs and/or maintenance costsBased on the numbers that you provided, I'm guessing that you traded down enough so that the 1031 Exchange will likely not provide any benefit. 

Please refer to the next section for support of what depreciation is treated as ordinary income (in short, straight line depreciation on Sec 1250 real estate is not ordinary income).Quoting from IRS Pub 544:Section 1250 PropertyGain on the disposition of section 1250 property is treated as ordinary income to the extent of additional depreciation allowed or allowable on the property.

Additionally, it's great for partial asset disposition.

I have been investing NJ myself with some long term rentals, but my company handles disposition in markets nationwide.Rich

Any investor selecting an investment property in an average location may decline with further maturity and the disposition of such properties should be very slow.Few investors I know hold inventories for more than 7 to 10 years as they update to more desirable locations and newer homes.

"We timed the first release of our study to raise awareness of the community impacts that current REO disposition practices are already having.