I recommend that you learn the tax code and take ownership over your strategy.Not having some foundational knowledge and an opinion on how to approach taxes as a business owner is a huge mistake.In my experience, every single business owner who says "I just let my CPA worry about it and I focus on my business" is doing a suboptimal job at tax planning.They are likely missing out on 10s or hundreds of thousands in saved dollars every year.Stop making excuses and get to work.Just a few months of part-time learning about taxes will pay you for the rest of your career.

In my opinion investors buy properties with break even or negative cash flow and hope for large appreciation are taking a gamble.

You may find that you can rent a much nicer condo compared to what you would pay on a mortgage for the same number.

Purchase price: $50,000 Sale price: $160,000 Contributors: Peter Vekselman Partner Driven and Archie Raglin bought this Pleasant Hill property on Benton St for $50,000.

So they can do a 1031 only on their portion. 

It is extremely difficult and managing all the trades, managing the budget and the schedule to get the project completed on time as the quality level you expect.

If it stays beyond what's paid for either move it to a storage area on your land and keep track of storage fees or see if you can have someone tow it offsite for you and in that case they will have to pay whatever fee the tow yard charges. 

He's also a very good operator from what I've know and seen as he does share content online (walkthroughs of the aftermath of fires at his property, etc).

If there is little to no equity, the borrower may not be able to sell the property on the open market because it would require cash at closing. 3.

I’m looking for some genuine advice on the next investment move here.