Great podcast, I've done many of the same techniques and at 32 am retired with $10k passive income $$$

I would like to invest on the side while I leverage my military experience as a way to fund my initial investment opportunities.My long term goal is to build up passive income to allow for more flexibility in my schedule.

I actually plan on getting a few homes in Norfolk to rent out just as a way to diversity my portfolio; however, I like how passive investing in notes can be, pending that proper due diligence is conducted before purchasing the note itself.

Now we're selling and it occurred to me that he's been on the deed just shy of 2 years so I'm worried about being taxed on the gains. 

IRR sensitivity tables around rents and exit cap rates show that many B and C class properties can absorb a fairly substantial compression of rents and cap rates and still remain profitable.Under that stressed scenario, what's interesting is that the passive investors on deals with preferred returns appear to do fine but the sponsors will not be making much money. 

-Ability to replicate this data and relationship foundation for other markets, given time and resources-Sales, relationship building and negotiation skills-Spreadsheet of 70+ potential passive investors that I have started the warm up process for investing.

For example, equity gain cannot be realized without either selling the property or doing a cash-out-refi or HELOC, but cash flow is liquid and available immediately.

If they let you do it for financial gain, then it is up for debate by others. 

So you might have to file a quiet title action to gain title to the property.   

We're entering year 11 and $270K depreciation has already been takenand the original basis of the 1031 plus improvements might be $50K.The property has always been held and managed by one individualso Is there anyway to bring in a partner into a LLC or other vehiclethat can avoid triggering the capital gains due to the IRS and Utah?