The really simple answer to this question is this: the vast majority of Americans are too broke to pay attention, much less pay their own broker.

Don't invest in real estate because your parents own real estate.Your dad's net worth in excess of 5 million puts him in the top 1% of Americans...that's impressive. 

Or consider timing of other deductions into 2026 (if available) to offset that gain.Note that you cannot defer the ordinary income recapture, if any, that you have on the sale of your rentals into the QOF - only capital/1231 gains.

American Flag out front is a nice touch in Dallas.

Yeah, who knows, maybe he'll get featured on an upcoming episode of American Greed.Originally posted by @Chris Seveney:I share the sentiments of many on here.

Tim Bratz is an episode of American Greed waiting to happen.   

American, Canadians and other investors have invested billions of dollars that way for decades and it's only be accelerating over recent years.3.

I HAVE TALKED WITH CHINA COMPANIES AND AMERICAN COMPANIES AND IT'S THE SAME PRODUCT , SAME HOUSE SUQARE FOOTAGE BUT AMERICAN COMPANIES ARE CHARGING WAY MORE.

If they use nails, I instruct them to leave the holes and we fill them at no charge because it's "ordinary" use.

The K1 could show you have ordinary income, deductions, capital gains etc depending on what the investment opportunity was and how they managed and exited the investment vehicle.