Should I sell this year, next year, or wait for 5-10 years and pay capital gains taxes. 

Is it true that when you do the 1031exchange and you do not spend all the money on the next purchase that that money will get taxed as capitol gains.

I'm new to the forum and I'm looking to gain more knowledge in investment properties.I have a question about a rental property a friend is trying to give me.

I'm new to the forum and I'm looking to gain more knowledge in investment properties.I have a question about a rental property a friend is trying to give me.

One of the most valuable things you will be gaining, if not the most valuable, is knowledge, and experience.

There is no "net operating losses" for rentals, no "writing off of capital gains", no "simply deduct it" for many assets etc.

Typically if you live in a primary residence for long enough (2 years I think) you don't have to pay capital gains up to a few hundred thousand dollars @Mindy Jensen talks about this a bunch as one of her primary investment avenues.

Aging MLS inventory, seller motivated by capital gains tax trigger.

When I say this I mean that if you are restricted by capital that keeps you. below the 100k mark then you really don't have much of a choice, however if you have more liquidity that is possible to use then you could go int it with the goal to find something under the 100k mark and still be open to higher priced deals that may have other upside like appreciation and overall area development that increases the price of the home over time- (capitalizing on gains that may not be received by buying in An area that is lower entry but provides great CoC return/ cashflow only as opposed to larger appreciation in addition to okay cash flow.)

For me, I gain the underwriting experience on managing a deal, and for you - the value add is that I can bring in strategic partners for debt capital.