Then your heirs can inherit your position and keep it going every 10 years.....etc....as compared to the MIN which is due in 30 years.For example here are a few recent CRE deferred sales trust deals:- Owner who sold a $34M apartment complex and moved his funds into a Deferred Sales Trust. - $18M Business Sales of Veterinarians who sold multiple practices in Virginia and Indiana.Another example, was for a couple who sold their primary residence for $26M in Newport Beach defer $6M in capital gains tax.

@Puneet Mahi,Property management can certainly be a profitable business, but it’s more complex than many people realize.

I have personally purchased large apartment complexes from REITs and know how poorly some of them manage their properties. 

Could be too late to form the more complex plans for 2024, so plan for 2025.Start an HSA plan.

Also if anyone can explain how much I should have saved to get started and a rough estimate of how many single families I should have before moving on to small apartment complexes etc.If you have read this far I greatly appreciate it, thank you so much!

When I asked him about this he said it's a bit complex.

This example is an apartment complex in an industrial area owned by an airport.

If you’re confident managing more complexity and have the funds, a small multi-family property could yield higher returns.

You can ask the prospective tenant about the addresses or simply do a Google search for those addresses and, if it belongs to an apartment complex, you can call the apartment to see if the tenant ever lived there.Public Records:This part of the credit report will list any judgments levied against the tenant -which includes garnishments or evictions that have a monetary claim.

This means that even if you had 5 rental properties, for example, they would still give you that quote since they're trying to go after more complex tax returns/clients.