I would be using the equity to purchase a new house for myself and my parents (they’re older now and need help)

Regardless of the bonus depreciation phase out, it continues to be a favorable strategy that creates significant tax savings.ReclassificationDuring a cost segregation study, the real property is reclassified into new categories of personal property based on its useful life.

My name is Jeff Pena, and I'm happy to join this community as a new real estate investor.

This is a great time to look into the New York multi family market.Brooklyn has seen the highest percentage increase in inventory (74%) compared to other NYC metro area counties since last year (source: oneKey MLS). 

Split using new law.

Additionally, our strategic marketing efforts highlighted the property's new features, attracting buyers quickly and maximizing the sale price to $267,500.

Liberty Mutual, they were one of the few name brand companies that will cover more than 4 rental properties. 

Triplexes and quadplexes are rare and if they are up on the market they are either new construction and very expensive with no cash flow or they need a tremendous amount of work. 

The owner only asked three people if they wanted to purchase it and luckily one of them was my manager and he new I was in the market for an apartment.

Sell the current house (current mortgage at 3%) and use the gain for down payment and 1031 exchange for the new home.