Market rents from the appraisal and/or the actual rents need to cover the mortgage payment, property insurance, taxes and HOA (if applicable).4.

I like the idea of getting around short term taxes and legislation.

My question is- to lesson my tax burden- can I use part of the proceeds to buy an ag ranch and have that small portion be exchanged while paying taxes on the bulk of the proceeds I take out for my primary?  

Are capital gains taxes progressive?

After all expenses I've shown a loss on my tax returns the last 2 years and it wasn't just a paper loss.

I am thinking the following:This would be a wrap around mortgage as I still owe $165k on it.Sale Price $245k (market price)10% down ($24,500)10% Interest 30 year (please tell me if thats a bad idea)Monthly payment based on 30 yr ($1930/mo + tax and insurance) = $2448/moPlease let me know if i left any pertinent information out.Any sleuths out there can check it out. 🤓 (1032 E Tucker St Fort Worth, TX 76104)

However, you should always be able to claim a credit on the other state's tax return. 

Taxes are super low because it's AL.

If you are interested in how to decrease your Federal Taxes and increase your cash-flow, I can help with no-cost consulting or studies specific to your property(ies) whether they are small or large and anywhere in the US or US Territories. 

I'd love to get deals under my belt, but I do not have liquidity for that, nor do I want to be burdened with hard money loans.