The 1031 exchange is the tool used to sell investment real estate and purchase new investment real estate and not pay tax on the capital gain and depreciation recapture. 

I know Vidigal and it is a very popular favela surrounded by the most expensive areas of Rio de Janeiro.

This is the time where having many tools in your toolbox will help dramatically.

I do not answer calls or texts from my guests ever and I’m the most popular host in my market.

2008 effected real estate values due to all the foreclosures on loans that never should have been made and variable interest rates going up to make payments unaffordable for many people.During recessions people tend to stay closer to home and not do as much international travel.I would venture a guess that some place as popular as the smokies would be about as recession proof as you can get.

Finally, BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc), feel free to use them: https://www.biggerpockets.com/investment-calculators Please let me know if I can help, and best of luck!

Finally, BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc), feel free to use them: https://www.biggerpockets.com/investment-calculators Please let me know if I can help, and best of luck!

I'll start making a list here soon, and all are invited to add or amend it to make it a useful tool for everyone looking to buy an apartment complex.

If it starts to come unglued (defaults) harry dent will be right, $600 gold, 80% off the stock market, and real estate cut in half...so pray they have the tools to restore confidence

They used up their tool kit way early with likely small affect.