They are mocking these up with interest only loans and factoring back in the tax deduction as if you qualified for the tax benefits of a real estate professional and factoring in the diminished first year property tax (since its not a full year).

The key is that in order to completely defer all tax you must purchase at least as much as your net sale. 

Couple other things to consider, property / school taxes are high, and tenants have lots of rights.

Real estate investment can be incredibly rewarding, between the cashflow, appreciation, and tax benefits, it truly is the greatest wealth creation tool. 

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

You did purchase the property in one tax year and are selling it in another tax year which satisfies one of the court rulings. 

Investors often obsess over how to defer tax obligations and ultimately make poor investments due to being hyper focused on taxes.

There may be tax implications to that maneuver, so check with a CPA.

The borrower gets the benefit of having access to capital fast and the lender gets the benefit of charging a higher interest rate and not having to pay taxes on the profit.

- Unlikely $60/hour3) Even with all payroll taxes, insurance, etc., they are making a profit margin on that hourly charge.Another way PMCs usually make a markup on maintenance, is that they send you all invoices on their letterhead, or from a maintenance company they actually own.