One more reason to do a 1031 exchange.As far as other tax benefits, don't over look QBI and the fact that rental income isn't subject to social security or medicare taxes.

@John Oshea1) I would not post how much money I have to invest on social media (including BP), even if it were hypothetical.2) There're plenty of questions like this one here on BP answered in the past.3) I'd only invest using the strategy I'm intimately familiar with.

Hello @Viggo OlovsonI have a hard money lender that lends to non-citizens but requires Social Security  number or EIN (Employer Identification Number).

I use "been verified" it's pretty good it give you the basic information of the owner contact, resident history, and relatives, associates, and social media. 

@Dennis M.Dennis, I love talking with you because we think alike But could this pass as illegal or discriminatory, judging from their social media?

They requested i send an application form, tax return, income statement, social security number, ect. they did a credit check on me and then said i was not able to get the loan because i live so far away...I told them from the beginning in lived in Japan and the lender still went ahead and did a credit check on me.after many attempts, I finally found a good lender.

But at the end of the day they usually have their business or website info on their sig line.then you have your landlords like yourself.. that are on here I suppose for the social interaction and like to maybe help other investors and have no specific desire or need for raising capital or selling anything. the Founder of RS is starting up another deal.. seems to be a fund to fund deal.. more wholesale if you will..

You won't care about their website, or their search engine, or their Social Media stuff - listen for what they know about the business. 

Then hope for one of three outcomes (1) the Government passes a lot lower tax rates or some increased deductions allowing you to “get out of tax jail” (2) social unrest leads to a collapse of the governments ability to levy and collect taxes - like in Italy (3) you die before you run out of write offs, and you purchased a life insurance policy large enough to pay your heirs tax bill.

I am leaning towards saying to accept with them understanding that rent must be a priority to pay each month (it's a month to month lease in a very landlord friendly state so eviction wouldn't be too hard and they would need both first month's rent and security in order to move in- in addition to having electric in their name).There aren't any other qualified potential tenants that have come forward- the place has been "for rent" for months now and we have been getting people lying on the application, criminal records, wrong social security numbers, etc.