Ive figured out that if I reduce my student loans by roughly 28k, then my payments are brought to equal my front end debt, and since I cant bypass that, then I have some solid numbers.

Engaging the community here is of vital importance to your RE future.

My depreciation will never be equal to my principal pay-down.

I love talking about real estate and I believe that real estate is a great way to financial independence.I feel like I have been holding back for a few years when it comes to real estate investing although I have studied it and learned about it equally as long.

However, you would have to exchange into a property greater than or equal to $800k in order to avoid taxable boot.

In addition, for sake of other thoughts of getting around the limit, if a second borrower joins the picture, each unique financed property is equal to 1 and the combined number of properties is still 10.

I agree with the posts above, although this is not self-dealing I would be somewhat concerned with Quid Pro Quo if you and your brother expect to do relatively equal exchanges.

But, bc of the exact risk you mentioned my attorney is looking at my association docs to see if we can tweak them to officially document that the "association fee" will be paid monthly and the dollar value will be equal to the master policy but that all other major expenses would be split 50/50.

Please contact agent for more information.If you are the Winning Bidder, an Earnest Money Deposit of 10% of the total purchase price or $5,000 (whichever is greater) is required.A Buyer's Premium equal to 5% of the Winning Bid Amount or $2,500 (whichever is greater) will be added to all Winning Bid Amounts to determine the Total Purchase Price.Property is being offered as is, where is.

You will get a lot of advice from folks here but a local attorney who knows both your state and county or city laws is vital.