You will be taxed at ordinary income rates tho.

Admittedly, if you are doing rentals, its passive income and you don't face the 35% ordinary income tax that sent me scrambling.You can read up on solo 401K's at my favorite solo 401K consultant, mysolo401k.com and on this site.

. $200k/door sounds a little steep, but not out of the ordinary.

As a brit I did consider Orlando, but decided against it as there is so much competition from other indiv, companies not too mention the hotels, when I decided to go to Siesta Key one year for 3 weeks in Dec(not over xmas and the oil spill had happened) it was near on impossible to get a place, so this is what swung it for me.....high demand low supply, 2nd year I owned, SK was name number 1 beach in the USA, ever since near on 100% occupancy, downside is I can't use it myself, but I've got a great neighbour who lives in Nantucket who lets me stay at there's for free if I wann come over as they have their boat in my yard....trade off!!

This enables you to defer the payment of your ordinary income, capital gain, depreciation recapture and/or Medicare Surcharge (“Obamacare”) income tax liabilities.When you completes a 1031 exchange you carry over the basic from the relinquished property to the replacement property.

@Brit FosheeI do plan on self-managing the property. 

-Brit

In addition to the ordinary TILA remedies, a consumer may recover all finance charges and fees paid on the transaction unless it can be established that the failure to comply was not material.

It's been discussed here before, but just because you hold for 366 days doesn't mean you're exempt from paying ordinary income taxes...

Now, it is an actual expense to you, but since it is figured into your cash flow calculus it becomes ordinary cost of doing business.