My CPA isn't well versed in 1031 exchanges and I want to know the effect of transferring title back to our names from a tax perspective. 

.• Public Records & County Websites:Local county appraisal and tax records can be a goldmine for owner information.

At year end you’ll get a summary and a tax form.

Preforeclosure owner finance wrap, paid off the default payments and taxes with cash and assumed the owners loan.

This would allow you to indefinitely defer all of the tax if you sold, and use the tax you would have had to pay, to purchase something nicer in an area with a greater growth potential.   

Mgt, Landscape/Snow, tax, insurance, utility then debt service. 

So we GAIN 7million + tax payors etc.. 

So if you have the property for a total of 10 years, moved in at year 8, little value or tax advantage.

@Armell MayersBigger Pockets is a great place to find a real estate tax accountant.

I know that i could buy my next multi family property as a primary residence close by move in, rent half live in the other and than rent where i am now which would cash flow upwards of 1k monthly, or i could buy another multi as strictly an investment property out of state which would be a lot cheaper (taxes and cost of property) and a lot more landlord friendly laws than New York, i guess i’m just undecided on which route i want to take and I’m trying to weigh the pros and cons of each scenario.