From what I understand, a 1031 exchange doesnt apply in this case, and so I will have to pay short term capital gains on the appreciation ?

Once everyone understand the mechanics, and the results for all: they'll keep coming back to the table!

This simple act of understanding can make or break the deal.Patience Pays: Results-driven but people-focused.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Come to think of it, though, I can't imagine why they wouldn't let me perform one just to understand how much I can offer.  

I follow up a few weeks later and was told that "the city was going charge $3,000.00 to remove the old dumpster but we (the management company) could do it for $2,000.00, so we just did it. 

During my REI investing journey I've done 7 1031’s, then followed each of these up with cost segregation studies.

The better theming will attract a higher quality customer that understands the value.

Hi Hellen, not sure I understand what you are saying.

I would follow the laws of your state @Daniel Liu.