Hello Michael,I echo Jon, completing a 1031 of a single rental into DSTs in straightforward however we typically recommend a portfolio of DSTs for diversification and financial objective purposes.

You may need an independent appraisal if the value of the property exceeds $5,000, as the IRS generally requires this for non-cash donations of significant value.Capital Gains Considerations: If you've owned the property for more than a year (which you have, having owned it for 10 years), the house is considered a long-term capital asset.

That way you can take your next steps and know what's going on with your assets and prevent future problems from coming out of this.

I would underwrite buyers based on stability of income, financial payment history & ability to pay.

Which will put it more in line with what we were expecting (and what our financial projections are based off of).

As an active-duty (soon transitioning) Air Force myself, I know the VA loan is a powerful asset for us.

I am sorry, I am not good with a financial lingvo, could you please clarify? 

Occasionally if they have other assets maybe she can keep the equity of the house and he gets to keep his full 401k or something like that.   

this is the distinct different between being an actual lender like a bank .. and an investor in a fund.. two very separate transactions.. when you lend and receive collateral on the asset you get paid when it pays off or the borrower refinances etc. 

It truly lets you be an asset manager, not just a property manager.