@Jason SchmidtItems to consider when selling a houseYou may pay around 7% to 9% of the value of the home in fees(Realtor Commissions, Title costs, Title Insurance, Stamps etc).The sale may also result in taxes(Federal taxes + State Taxes).You might be able to avoid taxes by doing a 1031 exchange or QOF Fund.You no longer have an asset that can potentially provide you cash-flow / appreciation.Do you think you can make up the 7% - 9% in fees + Taxes over time by buying another property?

Just want to be sure I keep it kosher and don't commit some kind of federal crime.

Has anyone ever invested in a "federal opportunity zone?"

The federal government wouldn’t be able to afford the interest payments on the massive debt and the market would tank.Politicians don’t do what is right they do what is popular to get re- elected.

It's a nice amenity if you can have it and they qualify for federal energy savings programs.

@Brian KemplerOf course it’s all dependent on the lease agreement, assuming the lease agreement does not violate Federal or local law.In GENERAL, responsibility for repairs and maintenance fall to the primary lease holder, while capital expenses fall to the property owner.

There is no Federal or state penalty for a failed 1031 Exchange (other than you have to pay the taxes).  

This organization seems to be sponsored by the county of riverside, works with the United Way and a group called Lift To Rise and uses federal funding for tenant rental assistance.

State tax law does not always tag along with the Federal tax code. 

Eventually we organized as an S-corp, BizName, Inc and I applied for a new Federal EIN.