Ill defer to canadian tax experts2. $50k3.Yes4.

This allows you to use all of the tax and deferred depreciation recapture to purchase the larger MF propertyA consolidation exchange is where you sell multiple investment properties to purchase a larger and nicer investment property, but you also get the benefit of using all of the tax you would have had to pay to your advantage.

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.   

If it’s an older property or has deferred maintenance, you might want to lean toward the higher end.When it comes to CapEx (capital expenditures), planning for major replacements like roofs, HVAC systems, and appliances is key.

If you do sell, a 1031 exchange can help defer taxes.Good luck! 

Down the road, you can also use the 1031 exchange to defer taxes as you go from property to property, as long as they are like for like.I hope that helps get the ideas flowing....

We now underwrite our deals with higher maintenance and are ok with lower cash flow for the first few years while we play catch-up with deferred maintenance.  

Quote from @Shiloh Lundahl: @Tony Pellettieri Interested deferred second position notes at 15% leveraging the properties at no more than 70% of the current value for 24 -36 months on properties you plan to sell during that time.

.- I am aware of my 1031 options should I want to sell and defer taxes beyond that 3-year date (and would need to continue to do so until death if I wanted to avoid those taxes instead of just defer them). - I believe the current rental situation I have is better than the property warrants.

The property was in horrible condition, pet odor, lots of deferred maintenance etc.