But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.

I tried to be realistic, based on what I've read in these forums, and to use lower tenancy periods, higher maintenance costs, etc..

Additionally, Airbnb income during this period could generate steady cash flow, though market conditions and regulatory risks should be considered.

Here’s the situation:Purchase Price: $540,000Down Payment: 20%Mortgage Rate: 7.125% (30-year fixed)Monthly Expenses (Mortgage, HOA, Taxes, Insurance): $3,706Realistic Max Rent: $3,000As you can see, I’m currently short $706/month even with max rent.

But in my short four years of owing a property here is my thoughts.

@Paul Novak you've already gotten some solid advice in this thread so I'll keep it short and sweet.Get your 401k match at a minimum. 

Overall, everyone has been nothing short of friendly and helpful. 

Make sure to get legal advice on what you can and can’t do for bill back and what kind of notice period is required in your state. 

My name is Rami, and I’m a short-term investor doing business in Texas, with a strong focus on the Dallas market.

That's right and wrong.There's a housing short, where it counts.