Obviously 1k is not enough to cover the transfer tax and Sheriff's fees... 2) I thought Sheriff's sales were exempt from transfer tax in PA?

Tax free money is always something to consider and even BETTER than a 1031 exchange which only defers taxes.

Nevada is landlord friendly and low property taxes. 

You really don’t want to sell in under a month or you’re facing regular income tax plus self-employment tax instead of capital gains tax or zero tax if you move in. 

I have advised many others through the process - there's some tax consequences you should be aware of.

Meanwhile I have it in my hands today, even tho my valuation went down, my property tax bill is up exactly 10 percent.

It's not nearly as dangerous as people think.To my knowledge, there is no federal or local law regarding this.

My concern revolves around potential increases in taxes or fees for owning an investment property in NY while residing in FL.

HJTA is sponsoring an effort to fix California’s Prop 19 by restoring the ability to transfer property to children upon the parent's death WITHOUT reassessment and WITHOUT the often HUGE increase in property tax.

Quote from @Dante Ritchey: Hello everyone,My brother and I got our first multifamily back in August and are starting to think about good old taxes.