I hope to grow the property management into a business system, but at the moment it's a self employed basis.Glenn

Again, they need to feel COMFORTABLE with you and your knowledge and abilities.

Income taxes due from depreciation recapture can not be deferred into the following income tax year and are due in the taxable year in which the Investor disposed of (sold) his relinquished property.It will depend on whether the Tax-Deferred Exchange Agreement used by the Qualified Intermediary for the Investor’s tax-deferred like-kind exchange transaction includes the required language contained in Section 1.1031 of the Department of the Treasury Regulations prohibiting access to the 1031 exchange funds until the following income tax year.The ability to defer the recognition and reporting of the taxable gain into the following income tax year depends on when the Investor has the right to obtain access to or receive the benefit from his 1031 exchange funds.For example, if an Investor disposes of his relinquished property as part of a 1031 exchange and the relinquished property disposition closes on December 1 of any taxable year, the 45 calendar day identification deadline and the 180 calendar day exchange period are both in the following income tax year.

These notes allow us to add strength to our financial statements while earning much better returns than cash accounts, making them valuable tools for further acquisitions and pyramiding the growth of a tax-sheltered wealth accumulation base.

- information is paramount, take a look at it, take into consideration your talents and abilities and CASH and of course the property and the seller, neighborhood and market - all these things will then and only then let you know if it's a Deal or No Deal.Good Luck man!

I'm expecting to see property values increase over the next few years.I haven't been watching that carefully but I think they have already come up some with more growth very possible.

I can use zillow to baseline properties but I am finding that it doeswnt have the ability to give me real values.For example, we have a very exclusive gated community where I live.

It's kinda funny because all the growth is around the city I live in!

I am a licensed mortgage broker in Florida, but I have the ability to provide service in all 50 states so if you would like to discuss your options, please feel free to email me.

Leveraging with debt can accelerate your growth and profit potential, but it comes with more risk.Check out the following post for some more insight on the subject.http://forums.biggerpockets.com/viewtopic.php?