. I have seen situations where landlords and tenants are both very firm on their requested rent price and it was a minimal difference and the landlord let them move out and the money it cost the landlord to clean fix paint and rent the unit out to a new tenant outweighed the difference they would have made the tenant after moving expenses and paying first class and Security again probably outweighed what they would’ve paid had they just stayed so sometimes it’s better to just negotiate and flex a little to renew a tenant than to keep swapping tenants.

So, you'll have to "swap until you drop" or pay the tax. 

I have had more than a few situations lately where a client was gung ho about some creative 1031 related transactions (drop and swap, construction exchanges).... until we brought up how much the legal /exchange / related accounting fees could add up to. 

Granted, if your plan is to swap properties before major capital expenses, that makes it easier --- pretty standard plan.Otherwise, just use whatever investment plan you have for the extra cash flow. 

I have a tenant that is moving out. My other tenant plans to move into their place. This tenant wants to take the fridge from their current place and into the other unit.The current place the tenant is in has a stainl...

I have a Fidelity advisor and am paying about 1% (still trying to get my exact fee) on $750k of managed money. I'm thinking of managing myself and looking for a fee based advisor who is versed in tax/management. Any r...

Hi BP, I've run into an unusual situation and am debating ending a lease early. A company has guaranteed a lease (the company pays but a single employee is on the lease). Now, the single employee on the lease has move...

Any BP members who know of a Central Florida CPA who is a pro at real estate world and 401k swaps?

My path was short and mid term rentals alongside a successful business that I recently sold AND swapping houses (from Houston to small town Maine) to pocket the difference in price.

The few dollars of basis at the end of a cycle are insignificant compared to the likely appreciation after 10-20 years,  and the swap or sale should be done based on larger portfolio plan, etc.,  rather than an arbitrary depreciation schedule.