@Tracey HamiltonFor Flips - all money is posted to assets and liability until you sell them.For Rentals - Ask yourself - the differentiator is the money spend increases the value of the property?

Well, the more I personally spend on the first deal, the less cash I have to go around.

I plan on spending the next couple years learning as much as I can through flip and buy and holds. 

Every other weekend I'm actually not inside my house at all because I go out of town too spend time with my son, to whom the mother has custody of and I have visitation rights.

So I can spend more time with my wife and son and my very large extended family. 

Reinvesting it has no effect on the tax.Reinvestment within that activity, such as if you have a rental and if you spend that 15k to repair the house, which is expense, you wash out your income. 

5 - The difference between Spending and using Money6 - ...that's the basic list

So when you sell your new Propery at 375k, you basically get tax at the same amount.if you are eventually going to sell within few month, why spend money on 1031?

I did that once and even though the property was clearly abandoned I had to go to court and spend my time and money for an attorney just to win a ridiculous case that should have never gone to court.

They also don't want to spend a penny on the lobbying to fight these ridiculous laws.