They talk about how to handle situations like is on their social media accounts often.

The capital gain, $100k, is taxed at capital gain rates.The $36,360 in depreciation recapture is added to and taxed as ordinary income (No ss/med tax) up to a max rate of 25%….since it was deducted from your ordinary income as you claimed it each year.  

I ask because there is little difference in the mechanics of a real estate transaction inside of or outside of a retirement account. 

@Ivona VillantiThe Reno Nevada area is landlord friendly, tech and job manufacturing growth, population growth, low property taxes, no state income tax and no large scale natural disasters. 

Neither of those calls were in reference to accounting issues.

If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.If you want to discuss any of this further, I'm happy to answer questions and help walk you through it.Best of luck!

Check law to determine if you are allowed to discriminate by income source if you really only want Section 8 tenants.

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

They should be upfront how they take over your account.

My goal is to get this ship off the ground and save almost all the money I make from wholesaling to invest in cash flowing rental properties, so once I do make these deals and become successful and circumstances were ever to change for whatever reason, My income isn't only fixed on my ability to "Get a deal" to go through.Anyone willing to toss me a bone on this will be valued more than you'd understand.