Focus on Tax EfficiencyTax-Loss Harvesting: Use taxable accounts to offset gains with losses, minimizing your tax bill.HSA Contributions: If you have access to a Health Savings Account (HSA), max it out.

It is deducted from the death benefit, but is it now taxable?

So, it will reduce your net income and therefore your taxable income.

It's that lightbulb moment where you realize that even after paying the surcharge to pay a mortgage with a card, you still earn positive cashback, making your net interest rate on your mortgage effectively a negative percentage.  8% cashback - 3.5% pay by card surcharge = 4.5% free money, and considering my mortgage interest rate is 2.75, that effectively means I pay no mortgage interest and still earn 1.75% free cashback.And the best part is that this passive cashback is generally speaking not treated as taxable income.

My guess would be that as this GP is doing 1031 as a TIC into the deal he would be a little less likely to want a sale, which is a taxable capital event, and would like to keep his money invested and sheltered from taxation as long as possible which tends to fit with my investing style of long term/preferably forever investing.        

Then when you sell you will get to prorate the gain between tax free (the period you lived in it) and taxable (the period it was a rental)4.

Not seeing the 1% exit tax for NJ and all the closing costs too. so it would be around 100k total to just sell a place with 340k-ish profit. cant beSelling price: 649,000Purchased: 395,000, loan outstanding: 285,000TAX:Federal; $64,000NJ: $20,000Federal tax breakdown:Cost basis: $395,000Proceeds: $649,000Depreciation Recapture: $56,000Net taxable gain: $310,000Federal Tax Breakdown:Depreciation Recapture taxed at 25%: $14,000Gain from sale taxed at 15%: $38,100Net investment income tax of 3.8%: $11,500

@Chris JohnYou’re turning $100’s of thousands in tax free gains into taxable gains. 

It's the idea of Buy - Rehab - Rent - *Refinance* - Repeat.Selling your property would be a taxable event, too. 

@Romane DaleyYou can't borrow from an IRA; the only way to access IRA funds for personal needs is to take a distribution, which would be taxable, and penalties on top for premature distributions.