Here's another point of view from an atty: "The only deferral is a like kind exchange.

Thanks so much Justin, you and Brandon kind of look a like in the profile picture.

I'm a professional poker player but I file as a professional gambler for tax purposes - more write-offs.

Don't take one person's target rents as gospel, it's different in every market, can be similar but no two market areas are alike, nor are any two properties.You can run numbers all day and never be correct in getting the actual year end numbers.

Great post, and Seth Williams, I agree with you that there are different Gurus, and all are not alike.

While in an institutional insurance situation, whether MI or Hazard or alike, there is a pool of capital that the $1,200 would afford a claim against and payment from.

Fellow entrepreneurs, seasoned investors, and marketing geniuses alike...I would like to ask an all too familiar question.

Leo Tolstoy wrote: “Happy families are all alike; every unhappy family is unhappy in its own way.”

That's why attorneys make so much money drafting partnership agreements--no two are exactly alike.

Any suggestions and help would be appreciated.Back in the glory days of the nineties real estate agents would hand out keys for VA and HUD properties as they were all keyed alike...today (at least in Raleigh) you can't even get an agent to show you a house unless you sign a buyer rep agreement and are pre-qualified and blood-typed...