.- Unrecaptured falls under section 1250 and is treated as ordinary gains and capped at 25%- My capital gain from appreciation and improvements under section 1231 was treated as a long term capital gain since I owned both assets over a year.Hope this helps.

So I would caution everyone to make sure the replacement cost for your improvements will realistically cover your actual replacement cost in the event of a total loss.

In a 1031 exchange, does the replacement property need to be more valuable than the total sale price of the deal I sold (including other investors), or just my individual portion of the investment?

What drew me to Detroit initially was the potential for strong cash flow, but I’ve also seen appreciation in several of my properties as the city continues to improve.

As an individual investor it’s nearly impossible to wear all three hats and execute efficiently and effectively, especially on a large scale.

Granted, once I know you as an individual are tied to a transaction, then I can see what you have done in the past and any future transactions.

Instead, focus on improving your marketing and responsiveness.

Does anyone know if this individual needs to be a W2 or can I hire on a 1099?

Without a mortgage, this decreases the risk of a rental vacancy and improves cashflow.

I would like if you ever need a licensed GC to do renovations/Tenant Improvement projects I have a group for that.