Now I'm wishing I went with a 5/1...Source: http://www.katehorrell.com/capital-gains-rules-for...There's a lot of replies with sound advice from everyone contributing to this post so I apologize for not responding to everyone directly as I would end up writing an essay!

Respond to this post if you have any interest or know someone who might.Thank you!

He quickly responded!

I'm wondering how I would manage the property, audit my property management firm, and respond to repairs needed. 

Im looking to profit and reinvest through 1031 and slowly move up the ladder of success.Thanks for reading and please respond with feedback/comments

Click on the name of the person that you want notified via an email, that you responded to them.

You will notice that there are frequent members who respond to posts that have these keywords.

I asked them why they never respond to my calls and emails about the section 8 people dealing drugs out of the house across the street, with dozens of people living there (every neighbor hates them) but they have time to troll the internet looking for landlords to sign up....Pathetic joke, our government...

@Ed Matson thank you for responding So you can have an LLC and opt for chapter S which is S-Copr taxation.

So, being a public forum about RE, and since the thread was a 'must read', I responded with my 2 cents.