That means you’re in the driver’s seat, deciding what needs to get done for maximum value, versus what can be deferred until later.

Under the involuntary conversion rules, my understanding is you could defer gain recognition on the insurance payments if you reinvest in similar property within a certain timeframe, but that doesn't interfere with taking a write-off on the old roof's remaining depreciation through a partial disposition.

All normal capital invested that was not generated from a gain that you deferred is still subject to tax.

and the rest of the profit will be indefinitely tax-deferred in the 1031 exchange.Best of both worlds!

They are the ones who keep saying I have deferred maintenance from the last tenants.

@Tyler SpeelmanNot an accountantIt’s my understanding you are just deferring taxes till you sell.

I worry of injuries as I have a re-occurring injury from the academy, so I want to start something to let me get out of this career early and defer the pension.

This allows you to be able to indefinitely defer all of taxes on investment property, and use it to purchase larger or multiple investment properties.

Significant improvements excluded were homes that after the 2017 sale were torn down and built new, large renovations, additions added, extensive deferred maintenance addressed. 16 of the 152 homes were excluded leaving 136 to further analyze.Obviously there is some subjectivity in determining which homes had ‘significant improvements’.

A lot of these properties are still trading at low caps, and they have a lot of deferred maintenance.You're seeing a lot of these older properties being traded now.Gino