With a long term capital gains rate savings, plus some decent deductions, I might still do OK.

I am going to continue to read and learn and hopefully gain some good feedback and advise from those of you here!!

Your $150,000 cash down has given you in 30 years –$3,365,000 (4% annual appreciation)$1,500,000 (2.34% annual “appreciation OR principal paid down on loan, however you want to look at it)$508,000 (after-tax cash flow invested annually into 8% annual yield account, whatever that is)$410,000 (increase in rents minus increase in variable operating costs invested annually into 8% annual yield account, whatever that is)Total gain - $5,783,000 or 12.9% compounded annual yield on the $150,000 investment.

The number I have to be at or below for me to consider a deal (unless there are other factors brought to my attention) is .70 cents on the dollar or LESS.

I am looking to start investing in real estate in the next couple of years and see where i can go with it. for now i am just trying to gain any first hand investing experience i can get.

I remenber reading in the WSJ recently that if you bought a house in '69 for $30,000 and sold it today for $300,000 you would have gained nothing when adjusted for inflation.

Is there anything we can do with the proceeds we receive from the sale to defer the capital gains taxes OTHER than a 1031 Exchange??

I would also warn against a 1031 exchange and was wondering, why not live in one unit while you rent out the other units after conversion, then once 2 years is up, sell the unit you have been living in tax free up to 250k if you're single and then either move to the other units or even if you sell them at least you can tax advantage of capital gains since you've held them for more than 1 year.

Property taxes and upkeep costs cower in relation to possible gains, even if just looking to flip.

On similar lines, to post in our dealmaking section, you also need a minimum number of posts.This ensures that our users are at least somewhat familiar with you, and it also ensures that you contribute to the community before making any "personal gains" from the site.I hope you can understand our policies (clearly stated in our forum rules) and ask that you abide by them in the future.Thank you.