We are looking for ways to reduce taxes on the W2.

Get a heavy vehicle for tax right off.

My interest in the US market is perked because of the stronger dollar, and better tax benefits (like the 1031 exchange).

Or the landlord had jacked the rent up since it was an arbitrager and didn't want to lose that extra LTR income. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

@Ana Vhan - The IRS needs to see the same *taxpayer* on both sides of the exchange.If you file jointly, and your trust is disregarded, you should be able to take title in the name of the trust.Your tax professional can confirm, and your QI can support that decision.

Losing the low property tax.

Overall, I had a decent experience throughout the process as it generated good passive income and my involvement was minimal.However, now that I have more time at my hand, I am interested in making the process and my investments more optimal in terms of cash flow.

You can live in your house in Tampa for 2 out of 5 years and Sell Tax-free for up to $250,000.

If it's a loss its a loss, maybe I can write it off on my taxes or maybe our story saves others from a similar pain.