You can take any proceeds tax free and roll into a different investment. 

market=Montgomery%2C%2...The lower property taxes in Alabama can help with your bottom line. 

He is very good about deductions on tax returns so his income looks negligible and of course banks wont talk to him about loans.

Take the tax free sec 121 first and then 1031 the leftover.

The high property taxes takes out most of the profits. 

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Lower property taxes, affordable housing compared to LA (CA buyers are usually cash buyers because what they net from their smaller home in CA can get them a bigger home here, often covered by what they net from their CA sale), allergies (smog), and politics. 

., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.

In some cases interest paid on the HELOC can be tax deductible if the funds are used for home improvements.Best of luck from Fort Worth! 

Very simply, large corporations pay into the tax base of that local community and that revenue is used to improve the community and make it a more attractive place for people to live.