So, you signed up to double taxation of yourself, including the 15.6% self-employment tax. 

Since you can't do anything with your deal to make it better and your only choice is whether to sell or not, you are more prone to trigger those taxable events under duress as opposed to the more planned taxation or more likely the deferral thereof with real estate.

Generally speaking, the distributions from a traditional 401(k) account are all subject to taxation versus a ROTH account which has some tax-free distributions. 

There are a couple of "elite" property management companies in Memphis.Multifamily: I scan the market quarterly to keep an "eye" on things. there was a 22 unit in a desirable location for +2m and a 64 unit for +6m.

Hey mate,Future predictions are solid for real estate IMO over the coming years.Lot's of pent up demand waiting for the Fed.Many folks with locked in low interest rates aren't selling, and many wannabe buyers can't get the desired loan amounts due to high interest rates.So we are in a stale mate for now.If Fed loosens grip 3rd or 4th quarter, I feel the flood gates might open and activity starts again.I don't believe the market will decline if interest rates are cut, quite on the contrary.Micro market trends are very different to macro.Online stats/demographics don't reveal what happens from a micro market standpoint.I could give countless examples of zip codes in Ohio experiencing population growth, gentrification and appreciation.The overall population might be declining but again, on a micro level some pockets are booming.Thanks and much success

And another attorney is saying that we do not have to pay the transfer tax at all using the land trust strategy. 

With a bit of decor and management savvy you can easily be in the top quarter or even 10% without needing to build a waterpark in your backyard and bring in influencers for your photos. 

Additionally, this structure eliminates the need for active management, as the real estate assets within the DST are managed by the sponsoring entity.As an investor your level of activity would include collecting monthly distributions, receive quarterly reports on investment, file taxes annually and exchange DST year 7-10 years (sometimes shorter depending on the market).

I noticed that for last quarter of 2023 I didn't receive rent from the housing authority.

Another thing to think about is the change in property taxation.