Thanks, Manuel

This was only cashflowing $250/month- I ended up selling the 4 unit for breakeven because that was a money pit- I've also spent the last year underwriting larger multifamily properties.

It’s a bit of a tangled web, but if you need more info on it, do your research first, and then you can contact me to help you sort out the current rules. 3) The tax benefits are severely hampered if you there is any money from your original property that doesn’t get spent on the replacement property, so it’s best to purchase a more expensive one to avoid losing those benefits.4) It is imperative that you do not receive any money directly from the sale of the original investment property.

Let’s be conservative and say that it would only sell for $300k : you spent $100k on it anyway… and now your over all mortgage would go from $700k to minus $300k or $400k.

Case and point today we spent 6 hours onboarding a new house in Kissimmee (outside orlando) whose prior cleaners did not care.  

I've spent way too much money on them and their promises over the past 20 years, and lost too much in the game. 

I spent six months renovating.

For me, I’ve decided that with my current relationship with this agent my time is better spent elsewhere.

There is a learning curve for each, but nothing like the hours spent attempting to work with dealmachine. 

Not one dime went to overhead in our Charity each person and their discipline donated their time and money to the Mission.We then went about raising the 200k ( which was much tougher than what I thought) I spent 2.5 years on BP giving advice on PM's in exchange for donations.