Thus, this borrower is offering 90% equity ownership, with the PMP receiving 90% of the cash flow to pay down the loan.

Folks, what do we expect in Austin in 2025?

Balloons coming due with higher interest rates, China market, China production, Manufacturing production moving back to the US, Worker shortages, Workert pay hikes, Ukraine/Russia food and fertilizer misses, Oil prices increasing due to the OPEC Q1 production curtailments in place, Houthi issues, Panama Canal Water issues, Illegal immigration impact (buy one of those office buildings and rent for $10mm per year for Illegal housing, take advantage) social benefits required, Climate change believe it or not- Buy or sell into that thought process,  US politics, Baby boomers leaving workforce and needing more benefits, Baby Boomers moving from Stocks to Bonds,  etc.I agree things will get worse, but that means more investing opportunities. 

What I mean is, it looks like as a married couple filing jointly we pay $0 in cap gains on first $94k, so could we use a strategy to pull out $94k in cap gains then 1031 the rest?

Much appreciate folks,Steve.

Overall, I expected to pay no capital gains tax seeing as how we lived in the house 4 years out of the +5 years I owned it.

I owe $345,000. after paying the mortgage and all utilities I would cash flow $500/month. 

@Michell ChaseEvery state you own property in you need to register as you will eventually have to pay state taxes as well

I want to pay that debt off and  renovate the houses.

Pay Dirt Flips is her new business!