@Dave Foster Thank you for that great advice.

Dave Foster I️ was stating if I️ sold my property for 100K and 1031 into a property worth 160K but my purchase price on the property worth 160K was only 90K and I️ wanted to use the 10K left over on the property for repairs what would happen.

I agree with @Dave Foster about selling prior to Sept of '18 as being short-sighted, especially if we were talking about a larger gain.  

I work at a community college assisting students that are new, on academic probation, foster youth, and/ or those who simply need resources and guidance.

As usual, I agree with @Dave Foster - I'd look into the 1031 exchange option if you want to stay invested in RE but think your money could be deployed into bigger and better elsewhere.

Thank you for the responses- @Dave Foster, @Matt K. and @Clayton Mobley.

When I spun the wheel, it said $23k taxable.....not sure how the depreciation recapture vs cap gains is distinguished.Can't tag Dave Foster.

@Dave Foster can help.

Louis is in fact succeeding in attracting tech companies as seen by Microsoft's new regional office in the Cortex innovation district and Pfizer's new $200M headquarters in Chesterfield.

@Dave Foster - in the proposed situation he will be deeded interest in the upleg, and the LP will be with him as a TIC.