More preferential tax treatment.

I have endlessly searched and searched for months trying to find a solution, just to end up with nothing. 

We also have 25 licensed real estate agents at our firm who specialize in helping investors buy and sell rental houses.Our sister company does all the renovation and maintenance work, which allows us to be a true end-to-end solution for investors who are looking for discounted properties.Since we buy, sell, rehab, and manage for commissions instead of profits, we view ourselves as an alternative to the turnkey model that many companies offer.Personally, my dream is to own many more units across the southeastern United States over the next 10+ years.  

I agree that the solution we offer is not for every investor.  

The first thing I did when I sat down with a brokerage firm was explain my expectations...I plan to invest, I plan to use creative financing, because there is a huge market we are leaving out by not implementing it, and I plan to specialize in win-win solutions (again using creative financing)... if the brokerage could not agree and support my objectives, I would not agree to align myself with a brokerage that I will be paying some of my income yet subjecting myself to lose money due to abiding by their scared rules.

If you two do not have direct ownership, then generally you and your sister will have to recognize gain equal to the sales price of the property less the adjusted basis of the property and depending on the depreciation method rules you may have to reclassify some of those gains out of capital gain treatment.

Once again I thank any member in the know who takes the time out of their most certainly busy lives to educate another who is not.Sincerely, Dan Dwyer Wilson Property Solutions

Once again I thank any member in the know who takes the time out of their most certainly busy lives to educate another who is not.Sincerely, Dan Dwyer Wilson Property Solutions

You may choose to reinvest in other properties but either way there would be no tax.If that property is your primary residence it is not eligible for 1031 treatment.  1031 exchanges are only for investment property.  

In general I have found that all of the canned solutions fail to give me all of the data I need.