What sam?

And Hey @Sam Shueh, don't be such a grumpy Gus :)  I can think of at least three ways our clients have completely eliminated the tax on gain for their lives and the lives of their descendants using the 1031 exchange. 

@Sam P.

Sam Shueh There is no such thing as handyman in CA.

@Sam Elder that makes sense, thanks! 

Sam, let me see if I can address this. 

@Sam JoshCalculating the gain on an investment property is as followsSelling price less adjusted basis less selling expenses.Selling price = Agreed price to sell a propertyAdjusted basis = original purchase price less depreciation plus improvementsselling prices = broker fees, etcIn your case - the gain might be neither 20K or 14K if the investment property was used as a rental and there was depreciation involved.The total gain is composed of capital gains and depreciation recapture.

Quote from @Sam Booth: I am almost ready to purchase my 3rd rental property 100k to 200K roughly and wanted to know where are YOU currently investing? 

Sam- That's some crazy stuff...

@Tarquinn Curry @Jerry 'Sam' Jackson I am rocking and rolling.