Basically, there's no free lunch when it comes to taxes.Depreciating property lowers your tax basis.

Open-end Funds are generally defined as infinite-life vehicles consisting of multiple investorswho have the ability to enter or exit the fund on a periodic basis, subject to contribution and/or redemption requests, therebyproviding a degree of potential investment liquidity.

Turns out the Landlord entity, operating property, doing leases, doing all the activities, is themself leasing the properties on an enhanced NNN basis from a separate entity. 

Not only that he gets stepped up basis and sell with no tax  double check that with accountant but I think that is correct.. then take the cash put it in 5% gov bonds for now then get up to speed and see what you really want to do. 

He developed a revolutionary style of martial art called "winning with no hands", the basis of which was developing tactics to avoid having to fight.

If you cant turn a decent profit on a monthly basis, it's not a great long term play and you should sell the property.  

We were in first position on one and they want us to take a $40,000 haircut so they could satisfy the second because the second would not budge.They called me every day for a week, asking if I would change my mind.

You would also need to be at the project site every day watching the work and managing the contractors.

This can safeguard you at lease-end if the tenant refuses to pay the final month’s rent, as you’d have a legal basis to keep the security deposit.

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