Again, I am not putting much money in my pocket each month, but I am setting aside $555/mo in CapX, maintenance, and vacancies as well as gaining appreciation in the home.

Welcome to the BP community.House Hacking is one of the most powerful strategies in RE for gaining property management experience, acquisition, etc. 

I thought that Brandon has used the Cash out Refi process to re-purpose the value gained on a property to purchase a new one.Can someone help me understand this, a better way to do the cash out refi, or should I call a different CPA?

I have a family member right now that will need to reinvest the $100k gained from a sale in NJ.

Maybe its gaining some winter weight?

There is quite a bit of capital gain on it (about 500K).

You’ll still owe capital gains on the other 70% and depreciation recapture. 3) start with the latest date of when the lease ends or you move in.

The worst is you loose couple hundred dollars for inspector, but gain lots of experience through talking to Realtor, inspector and contractors.

for example, if land was worth 200k (by county assessor in 2022) but apprasied at 50k at time of purchase in 1988, which number ultimately gets subtracted from the final sale price to calculate the capital gain?

Wanted to gain experiencing managing a multi-unit property.