Tax-Free Exchanges: While 1031 exchanges aren't available to SDIRAs, the tax deferral within the account means you can sell property and reinvest proceeds into new opportunities without immediate tax consequences.

Preforeclosure owner finance wrap, paid off the default payments and taxes with cash and assumed the owners loan.

I am told that they did not have closets as they used to be taxed on rooms that had closets.  

Gaining valuable insights into the local market.Always consider that Jackson County has a LOT of variability in KC proper and then uniques submarkets of LS, BS, Independence, Raytown, Grandview, etc all with their own local city governments, rules and regulations, each with their own uniques submarkets of their own...Happy to chat and share my knowledge and experience.2.

The big advantage is having the capital gains spread out over many years to avoid a huge tax bill.

@Brad Kanouse Using Traditional IRA funds for an investment property typically incurs income tax and a 10% penalty if you’re under 59½, as investment properties don’t qualify for tax exemptions.

If so, there are no transfer taxes due. 

It’s definitely smart to evaluate the tax and cost implications of your funding options.

Instead of jumping into an expensive Long Island market with negative cash flow, consider investing in a Texas market like San Antonio, Houston, or DFW suburbs—these areas offer strong rental demand, lower property taxes than NY, and better cash flow potential.

Mgt, Landscape/Snow, tax, insurance, utility then debt service.