Trump, whatever you may say or think about him, never overstepped his executive privilege in such a manner before, and I highly doubt he, being a RE guy himself, would go on with the CDC's continued moratorium.

All the debt is under my name so my husband makes all the purchases for our properties. i personally would not pay off 2.75% interest loans just for the privilege  of jumping through hoops to get a mortgage on an investment, pay closing costs, loan origination fees and all the rest  

Thankfully, many politicians rely on economists who are smarter than you or in framing economic policy and incentives for growth.For us simpletons, the biggest impact 1031 Exchanges give to the American economy is that - THE GOVERNMENT GETS TO TAX THE COMPOUNDED VALUE OF OUR COLLECTIVE REAL ESTATE INVESTMENTS AS WE SELL INDIVIDUAL RE.

Bitcoin is a forgettaboutit calculator breaking if we are talking % returns. 230% annually compounded or 20,000,000%.

You also should check out the rental property tax matrix on the AZDOR website to see if you are liable to collect and remit privilege taxes (depends on how many rentals you have and which cities they are in).

Let’s say you end up keeping the W2 for the next five years while building out the RE business, you’ll have likely banked a chunk of change in a tax deferred account without much effort or thought with decades more for it to compound.- mwk

Simple, the underlying fundamental of compounding returns combined with leveraged funds, it's the secret sauce that makes REI the profit generator it is.

It allows you to accelerate the depreciation on your property which reduces your taxable income, saving you money and allowing you to use those funds that you were going to pay taxes with and instead reinvest those funds to compound your money.

It's a buy, buy, buy, scale and compound game.

Rather than compounding effect of a Roth IRA and waiting to enjoy the funds later in retirement.