Biggest gains are if you do it out of your IRAs.

Does it outweigh paying the capital gains tax?

The new data shows that a number of Austin suburbs with at least 5,000 people logged big gains: Dripping Springs (23.3%), Liberty Hill (14.9%), Georgetown (10.6%), Kyle (9%) and Leander (7.6%).

Land is valuable as I could purchase a new mobile home and install and less costs since utilities are already on the land. 

From a tax perspective if i am a passive investor how do i stand to gain from deprciation?

BarronFrom my experience, selling a property can free up equity for reinvestment but might disrupt tenants or result in losing a valuable asset.

Understanding your time is valuable I wanted to see if you might consider working with the deal structure we are hoping to use on this deal as I know for many banks it does not fall within the traditional box they are allowed to work within.

A 1031 exchange would allow you to move into better properties in different locations while indefinitely deferring all tax on gain and depreciation recapture.

On our recent fund when we sell off the performing notes in year 5, that will be a capital gain from the difference from the adjusted cost basis of the assets to the net sales income, but the income to our fund members from the loan payments up to that point will be ordinary income. 

The cons as i see it include loosing the 2 of 5 year cap gain exception, typically not an ideal rental because the emphasis at purchase was buying a good home for your family and not a rental with optimal return (my ex-home consistently has the lowest cash flow for equity in my RE portfolio), not disconnected enough from the property causes addition angst on damage and may result in over improvement.