You also avoid short-term capital gains by keeping the property one year and a day.

(I am just asking since I have not managed to get a deal that good, and would like to learn/gain some new perspective from more experienced ppl, like how much cash-flow are those deals, how much downpayment/initial cost, how much monhtly estimated expense, etc)

Trying to get the most out of all my equity I've gained.

As inventory increases, competition for homes may soften, and could even bring a moderation in sales prices, which, after 114 months of year-over-year gains, would be music to the ears of homebuyers throughout the country.

My late father had a partnership with a family member, nephew.They were friends for as long as one knew them, however later probably due to differing expectations, duplication and poor communication the deal went southIt was an informal arrangement on a commercial property.They were doing the exact same thing (duplication of duties)To be honest i am skeptical of partnerships unless its the variety of bring a deal(syndication/flip seeking private lender) and the other is a money partner (private lender/passive investor).Maybe also listening to a mentor where you stand to gain from the other investor's experiences and contacts (sponsor).

@Greg Reese since you are relocating and you can sell a primary without paying capital gains tax, I would def sell within 2 years of moving.

HelloJV to market the property to through another wholesalers buyers list then share the assignment fee or gains from double closings?

Originally, this was simply just to get out of the rental scene and gain some consistency, while also allowing myself to grow and build a life of my own without making someone else rich. 

After all, it's better to have a gain on what you lost, then to lose it all by keeping property you can't move over a long period of time.Happy Hunting, Vernon

We still have a small mortgage on the property but obviously won’t have one on the REIT so my question is this:  If we wait and let the mortgage get paid off at closing  can we add personal funds to allow us to buy shares equal to our sales price to avoid the boot and paying capital gains and depreciation recapture?