Unlike stocks for example, where you have more flexibility to sell this year vs next year and take the gain at that time.Hope that helps,- Tom

If your plan is to hold the property forever that is great, but maybe the correct move is to sell the property and roll those gains into a property that would generate more revenue and growth potential.

You must take into account the amount of money you can make today and value that versus any additional gains over the additional timeline required to complete your original objective.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Rental property Net income is about $40,000 not including depreciation.Long term Capital Gains income on sale of rental investment property

If the seller has the property for fewer than 365 days, he pays short term capital gains. 

I understand the tax implications in doing so, but is the short term loss worth the long term gain?

I suggest you not invest here :)  We have enough outside attention on the area.  

Hi All-I am starting a direct mail campaign targeting 2-4 unit propertiesMy Criteria for my list: 50%+ equityAbsentee Owner (in state + out of state)investor activity in area (determined by cash sales over the past year)10 year population growth in the targeted zip codegenerally affordable median home price in targeted zip codeStrategy:Handwriting letters in blue ink (roughly 280 letters)colorful envelopes to draw attention with standard postage stampsGoing to make the letters brief, but show some level of context related to the specific propertyMail every 2 months, for 5-6 roundsAny Advice?

Even if i do not follow through on a purchase, I still want to make sure I am paying attention as much as possible to key factors.

Gained knowledge about real estate market in El Paso and about long distance investing.