But as you get closer to this no penalty date the "penalty" amount goes down each month.

@Benjamin BieberWelcome to BP.

This allows you to use all of the tax and deferred depreciation recapture to purchase the larger MF propertyA consolidation exchange is where you sell multiple investment properties to purchase a larger and nicer investment property, but you also get the benefit of using all of the tax you would have had to pay to your advantage.

Feel free to DM If you need any additional assistance.

A big reason is the OO requirement to rent the JADU as its own unit,good luck

I'd also be happy to answer any more questions so feel free to reach out via DM.

If you would like a free copy of this white paper, please DM me.Below are some of the results of our study:Short-term rentals and mid-term rentals are fundamentally different.

It would be great to have something like that.  

Calgary is gorgeous, I try to get out there as much as possible when I'm free.

Welcome to BiggerPockets Jorge!