Essentially because our properties are of equal value, but his a much more attractive from the investment side.

That's $36000 "tax-free" cash in your bank account.This is the concept behind the tax benefit of owning rental property.Bryan,"Boot" only applies to the 1031 exchange.The most common form of exchange today is the Starker exchange, also called a forward exchange, wherein a qualified intermediary will facilitate the sale of B's investment property to A, and the later purchase of property from C to replace B's investment property.In the forward exchange, the completed exchange is fully tax deferred if the value of the replacement property equals or exceeds the value of the relinquished property AND all of the net proceeds from the sale of the relinquished property are reinvested in the replacement property.If either of these two conditions fail, then there will be taxable boot.

Capitalization rates apply equally to SFRs.

But if you work it hard, it can work.My personal belief is that ss will only be around as a viable niche until prices show signs of real recovery.

I think he's wrong on some things but his core beliefs don't allow him to view a particular situation the same way I do.

Federal tax rates apply to everyone equally, as American citizens.

That I have been blessed with a better ability than many to see the opportunities that come my way in life.....I see others who have not been able to act on their dreams or followed their own beliefs and will never have the life experiences I have enjoyed, I'm thankful that I was able to do so.How about you, what are you thankful for?

He had no will.Because he had no will ownership of the house went to her and to her 3 kids in equal shares which was a surprise to them.

Also, if memory serves (I'm not in the mood to Google it), the energy saving tax credit is equal to 1/3 of your cost not to exceed $1,500.

I can only imagine the hunting is equally awesome.TimPS - I'm a former constituent of Barry, would be interesting to hear occasional input in the political threads from a former constituent of Sarah.