However, using a 1031 exchange allows you to defer both capital gains and Normal depreciation recapture in RE asset taxes by reinvesting in like-kind property.For the assets that were segregated as non-real estate, you cannot do a 1031 exchange on Non-RE assets.

You mention market appreciation is good for a $100k home - throw away the last four years and what was the appreciation from 2012-2019 - that is what you should be looking at.I saw this with people in shenandoah va raving about how appreciation is awsome etc (during covid) - of course it was everywhere was appreciating, but now that we are back to a more normal economy -- I would not look at the past few years appreciation and look back to prior to see if it truly is an appreciating area.

IF you have a recorded mortgage and it was a normal sale handled by a title company and the buyer wanted title insurance then you would have had to be paid off and signed a mortgage release or a reconveyance deed.One way or the other if you want some constructive help you need to clarify what you actually did..

For jobs that I do for normal customers (not investors) I will have 20% cost plus on total price of construction from day 1 of clearing trees, prepping land, to CO.  

You have to send in documents, wait, get permession, get called/emailed back, THEN get permission to do normal things that take 30 seconds on a normal online bank portal such as a same day wire transfer.  

In the inner City those neighborhoods tend to be densely populated with residents who own their homes and when there is a vacancy the home is normally purchased and flipped by investors watching the MLS like a hawk. 

The teacher did try and have us study balancing a check book and calculate interest rates but the class was meant for kids who couldn't pass normal high school math.

Some folks have gotten used to low quality landlords that don't fix things and think that is normal.  

You can normally work smarter not harder simply by investing in better real estate.The last thing I will add is the notion of cash flow and BRRRR being dual objectives.

We're finally seeing some of the incomplete developments being back-filled, yet dilapidated suburbs and subdivisions are found in areas where economic development slowed and later stopped leaving job loss and abandoned homes in its wake.