- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.14 properties - presume these had to have been single families.Oh, I'm modifying the original post to mention leaning toward creating a trust which we manage..so we would own very little yet manage the trust which owned investments and such.Here is what I understand/misunderstand (better or worse) on moving every 2 years (as we are open to that albeit pia.) • Multi-unit would only support a %, so a quad would 25% and prorated over all years of ownership....witteling advantage to not worth the effort. • Single unit properties get pro-rated.

I would like to purchase another property so I looked into a heloc and a cash out refinance and it looks like I would qualify for about 75000 max which would be enough to put a down payment on another property and rehab it, but I still haven’t paid myself back from the original property rehab.

Originally posted by @Roy N.

I’m originally from Texas but now call Colorado home.

This was not a complete rehab, we were keeping the main bath, moulding, and original dooors. 

There are many cost segregation specialists to choose from, so it’s important to perform due diligence.

Originally posted by @Gregory Mcgraw:Ok I wasnt sure if you did.  

For a $100,000 loan, we would have to charge 2 points ($2,000) for originating the loan.

It’s been a strong performer ever since.

I can count on one hand the number of times I've seen subcontractors on those job sites performing work.