Once an investor has identified his or her like-kind replacement properties, they have to comply with the following three (3) value rules for the actual acquisition values in order to defer 100% of his or her depreciation recapture and capital gain taxes:1) Trade equal or up in value based on the net sales/purchase price; and,2) Reinvest 100% of the net equity or cash proceeds that result from closing on the sale property; and,3) Replace the mortgage.

I'm not exactly new here, but I did kind of fall off the cliff for a few months, and now I'm moving from Cincy up to Columbus within the next 3 weeks.

Didn't count on so many opinions....Well the dishwasher was kind of a concern...I dont care too much about later, because I'm selling it right away.

I kind of remember hearing something about that.

He was kind of arrogant and haughty with himself to start, but the next time I saw him he kind of chuckled and said, "so you're trying to buy houses and fix them up, huh?

You could also look into the steel buildings, kind of like warehouse style - http://www.rhinobldg.com/steel-building-specials.htm I feel that far too many people do the 'mainstream' thing not because it makes them happy but because its what everyone tells them they should do.Just remember that what you want to do now may change as you get older.

I would ask what kind of training and continuing education/seminars you offer?

Now I have NEVER heard of any kind of fraud cases around this.

What kind of place is that?

I got a good deal on all of them ,but I want to try to purhase some before that stage.I kind of nervous about going to the court house for some reason.