The way to avoid capital gains is to utilize a 1031 exchange, however flips are specifically excluded from 1031 exchanges. 

If you choose to move out and rent it, you could always do a 1031 exchange when you do sell and put the money into another real estate property to defer taxes.

Feel free to connect/contact to exchange some idea/knowledge.

I have not scaled up yet as I am just getting started but building equity through rehab and time you can either pull the equity out to reinvest or do a 1031 exchange to a bigger property.

We have been looking to move in the next year anyway, and if it comes to it, we will sell the condo as an exit strategy and apply it to the new home, or a 1031 exchange into another property.

Often lenders will negotiate lower fees in exchange for referring more business.

The first time the City said he could not build the amount of apartments that he wanted and the second time he was using it for a 1031 Exchange that fell through.

Listen to it and you will get a ton a pertinent details and contact @Jeff Brown for additional guidance.However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.Again, good luck and best wishes in the pursuit of your goals.

However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

Ok, now that you have taken your initial step, below are some quick links to get engaged. http://www.biggerpockets.com/starthere http://www.biggerpockets.com/ubg http://www.biggerpockets.com/meet Setting up Keyword Alerts How to Use @Mentions on BiggerPockets 25 Tips for Real Estate SuccessHowever, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.