You get Sec 8 portion on time, but then you have to chase the tenant portion or rent.

When selling a portion of a property to a partner, is it possible to sell the “basis” value portion of my property and not the “capital gain” portion such that I don’t incur capital gains taxes upon sale?

I made sure I put away a certain portion of my income and my wife's income every check dedicated to paying for their college.In 2011 I was also able to pick up a short sale 600K property for 300K. 

I have a property manager that takes care of just the leasing portion.

I'm looking for someone in the North Western portion of North Carolina who is familiar with the Millers Creek / Glendale Springs area (Wilkes County). 

I got started by "house hacking" which is a term used now-a-days for renting a portion of the place you live in, sort of like an AirBnB or maybe putting a down payment on a duplex and living in half and renting out the other half. 

Originally posted by @Nick Vitale:@Basit SiddiqiIf you ever claimed depreciation on the property you will have recapture if you are selling at a gain.

However, I would need to finance a portion of the purchase as I don't have enough cash to buy them outright.

Talk to local attorney on legal aspects and documents to structure this.Occasionally the seller will be open to carry as 2nd loan for the portion of down payment

For instance - say I am only the refinancing portion away from a very successful BRRR, and all the numbers come back great - from the buy, reno, rents, even appraisal.