I just found this forum a few days ago and have found this to be quite a valuable source of info.

Fortunately, in our network, we have gained recent access to a large USA-based investment fund that is investing in large-scale development projects.

I was a little skpetical because its pretty thick and didnt want to read through everything, but I found myself readin each section 2-3 times, it has very valuable information.

You start by gaining education.

The guys who are truely successful in this business are the ones who are flexible enough to adjust to whatever situation is needed and the ones who can make constant small gains over and over again.brit2nyc, the bottomline is this.

Once an investor has identified his or her like-kind replacement properties, they have to comply with the following three (3) value rules for the actual acquisition values in order to defer 100% of his or her depreciation recapture and capital gain taxes:1) Trade equal or up in value based on the net sales/purchase price; and,2) Reinvest 100% of the net equity or cash proceeds that result from closing on the sale property; and,3) Replace the mortgage.

Good news, due to the real estate boom, I could probably realize about $120k gain after closing costs if I sold at a price of comparible properties.Question: I desperately want to sell, but would like to avoid the capital gains hit.

I guess my major goal is to gain capital.

Think about a 1031 exchange.A 1031 Exchange is a transaction under United States law which specifies that if an asset (usually some form of real estate such as land or a building) is sold and the proceeds of the sale are then reinvested in an asset of a similar kind (like kind asset), then no capital gain or loss is recognized, allowing the deferment of capital gains taxes that would otherwise have been due on the first sale.

With the boot, will we save on capital gains by being an LLC, incorporated or just as a married couple.