Guys - I am a limited partner & invest in a multi-family building passively that was sold resulting in passive gains for 2024.

A 1031 exchange would allow you to move into better properties in different locations while indefinitely deferring all tax on gain and depreciation recapture.

I would also question how the house gained 55k in equity, or ~24% in 2 years when interest rates rose and demand fell.

If Costa Rica gives more capital gains like you suggest (which I doubt given how pricey it already is), he's going to get them with his own property and he'll ba able to take advantage of it without needing anybody's consent.I think the question is whether you can lure a lifestyle buyer into seeing it as a better opportunity than if he'd own his own property. 

So we GAIN 7million + tax payors etc.. 

From a tax perspective if i am a passive investor how do i stand to gain from deprciation?

SBA loans can also be used to acquire laundromats, but it can be tough for a few reasons, some of which apply to smaller size businesses in general.1) Cash nature of the business - This is changing over time as more mats are gaining card systems, but there are still mats out there that only take cash.

The cons as i see it include loosing the 2 of 5 year cap gain exception, typically not an ideal rental because the emphasis at purchase was buying a good home for your family and not a rental with optimal return (my ex-home consistently has the lowest cash flow for equity in my RE portfolio), not disconnected enough from the property causes addition angst on damage and may result in over improvement.  

By being physically present, you can gain valuable insights into the property's operations, interact with residents, and assess the team's performance.

Biggest gains are if you do it out of your IRAs.