Hi Guyshere's the deal,owner has a 12 unit he is looking to sale, has accumulated a lot of equity. he wants to avoid capital gains & deprecation recapture by exchanging the property to another suitable property that could match that income, understandable but may take a long time to do.owner financing is not an option here.I suggested master-lease with option to purchase, min 2 years until he finds a suitable replacement, i pay an option fee & monthly lease payment.This way he avoids deprecation recap & capital gains as there was no actual sale.any insights?

I'm hoping he might reduce the cost in exchange for a longer term.

I am interested to learn more as I am likely going to be moving about $140k in a 1031 exchange to the DMV area.

I wish I better understood or could find a good calculator to see more precisely what the tax benefit of the bonus deduction/depreciation would be.  

I just sold a rental in December 2022 and put the proceeds into a 1031 exchange; however, 2022 for me had an abnormally low taxable income, so it would be relatively advantageous to pay my capital gains + depreciation this year as opposed to future years when I would presumably have more income? 

Physically exchange the check for the release, in person. 

Would it be possible for us to purchase the house lot personally and have our LLC that owns our vacation rental purchase the lot with the shop/apartment through a 1031 exchange? 

in exchange for: the first dibs at buying if inclined or circulating a deal to their buyer/investor base before you even have to market it, or a listing appointment with those that fall out, especially because the seller needs more than your MAO allows and, you won't see this often because investors feel they have to play the field but, marry them!

BP is the next best destination to meet like minded investors so feel free to ping me if you're interested in chatting about MFs, mentoring or exchanging information. 

@James Honeycutt 1031 exchange