He decreased his fees to 22% of the total cost of the job.

The depreciation will reduce the taxable base of the income received.The CPA is probably taking about using depreciation and expenses against the properties passive income to show a paper loss.

This is not a taxable event.

For distressed multifamily/apartments our goal is to decrease the vacancy rates thus increasing the income, which positions us to later refinance & cash out as an exit strategy.

Do you think values ill increase or decrease?

With inflation that gives you year over year decreased returns.All of the investor buyers I talk to and clients utility control is number one on the list followed by location, landlord friendly state, tenant mix, unit mix, etc.

"In this simplified example:Net sale price $225kOriginal purchase price $175kRemaining note $125kCapital gain $50k ($225k-$175k)Net cash at closing $100k ($225k - $125k)If I do a 1031 for $100k but only end up using $50k as a down payment (on a $250k property), and I get the other $50k back...is that $50k that I got back taxable or not taxable since my original capital gain was only $50k?

Your heart will thank you for the decrease in stress when he's gone. 

@Brian GibbonsOmid, you've had several questions, you need to find an inexpensive course on options and read up to be current.A disguised sale from an option arrangement means, that if the agreement does not meet the requirements of a true installment sale, the gain on the sale is taxable!

My hubby and i have decided to invest our savings into real estate! I will property manage! I researched and found a property.
We made an offer that was accepted! Fun so far! 145,000 to be financed 30 yrs conventiona...