You could structure the deal as an installment sale or a lease option so the property owner doesn't see a large capital gain tax payment for the sale.And good on you for helping out!

The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

We bring/offer the mortgage loan investment to the group & handle all the servicing, including chasing the monthly payment/insurance/taxes, foreclosure, etc.

You have the ability to sell while limiting your capital gains tax because you lived in 2 of the last 5 years. 

I'll save you the details but...Per door cost: $63,300All in Cost: 700kTotal Revenue: 137k(ish) annuallyNOI: 65-73% (in the expenses we included: insurance, taxes, $75/month per door repair expense, management fee 8%, grass cutting, & a misc fund for random crap business license, etc.)Now...

The IL property tax is a pain. 

Utilized a low down payment loan, maxed seller credit, tax proration and closed on the 1st of the month to maximize my cash and acquire this property What was the outcome?

Can you either rent out your current property if there’s been little/no appreciation, or sell it tax free?

Are there any Depreciation recapture or capital gain Tax dispositions that need to be resolved with the exiting member?

What about the utilities, property taxes, maintenance and repairs, capex, etc. are any of those optional for you?