One benefit of SFHs long-term is that the value can potentially scale up over the cashflow, whereas multi unit property values will most likely be tied to the cashflow.Another recent development in the SFH world is the recognition by private equity funds of the SFH portfolio as an asset class.

@Brandon Turner, I am totally and completely jealous of your sasquach facial hair.

Tell the existing tenants that you have noticed a lot of "shady characters" around the neighborhood, and start talking with great enthusiasm about these amazing new surveillance cameras you've found that transmit images directly to the cloud, and a security system with facial recognition linked DIRECTLY to the local police department!

I wholeheartedly agree that venders need to be high on our list of people deserving recognition and respect.

Once the 1031 is complete it is reported by your accountant with the 8824 which reports the non-recognition of gain, transfers the basis of the old property forward, and sets up the new depreciation schedules. 

My daughter and I have been living in limbo since april, this our life now, on hold, in limbo, stressed and pissed beyond all recognition

Some recognition is given to the fact that he's a great tenant and has been there a long time.

My favorite show and really only 1 of 2 that I even watch on tv is 'Lie to Me' How cool would it be to be able to learn more about the human reactions to your questions like he does with facial expressions and knowing that they are lying(sp?)

This may just be recognition but it feels like they are things you consider weaknesses to remedy.

The key is to make the contribution into the LLC so as not to trigger a recognition of gain.