I feel BP fosters an excellent environment for beginners and professionals alike, of which I am very much the former.

I focus equally on good, professional tenant relationships that foster longer term tenancy with fewer long term issues.While I do not provide services in the Johnson County area, there are a few good property management companies there.  

Well stated @Dave Foster!!!

@Dave Foster, also there's the possibility that the new incoming administration may change the tax code; that's yet to be seen.

@Dave Foster , @Jake Hottenrott , and @Tony Wooldridge Thank you guys for mentioning me- I AM blushing right now. 

@Dave Foster @Natalie Kolodij Thank you very much!

So you may end up paying more than a flat 15% on your total CG if you aren't eligible for write off under 121 and you don't execute a 1031 exchange.If your current prop is just on the market (not pending sale) then I would recommend you get in touch with a QI (like @Dave Foster who's already commented here) to see what you need to do to qualify.Hope some of that helps.Best of luck!

@Brian Foster are you still using and happy with htownrpm.com ?

I don't think you can truly find an answer in a book when it comes to this... or at least I wouldn't want to find it there...just be fair so more deals can be made in the future and you foster that relationship with that partner...keep it simple... move on make more deals...keep building your portfolio. 

You can't go wrong with George Foster from the Buyers Protection Group.