(FSS).This a new motivated seller list that is usually combined with Absentee and Owner OccupiedAge 40+eliminate property known to be purchased less than 5 years agoeliminate known low equitysingle and multifamilyspecify home value

You need to reinvest the total proceeds received from the sale (including debt paydown) in order to defer all capital gains.

I had three years interning in the field and I was getting BLOWN up by offers from various Mortgage companies, so I finally decided to cut my losses at $40k of debt, enter the work force and stop racking up debt that I'm really not deriving direct, tangible value from. 

I'm in great financial place hear in New York combine with other opportunities that are unique to New York and won't be found elsewhere.

One issue came up and need your help:The stabilized value will be $20M Debt: $12MI was going to raise $4M for 50% and keep the other 50% (I really like the space-great credit tenant-I pushed hard to get 4.5% increase - newer built-best location etc.)TAX issue: My basis in the asset is closer to $5M (50%=2.5M) when raising $4M for 50%, how can I structure to not incur a taxable event?

Other than owning her own home, zero debt, she has no experience.

Bear in mind, you’re in debt, young with little RE experience (lots of knowledge though.) 

@Dana Powell...Sounds totally fine to me on a no-doc no ratio loan because those numbers are debt servicing either. 

I have excellent credit, no debt and am new to private lending.

Its cheap to grow (all though it takes a while) vs concrete where you have to mine several different materials then combine them together in a processing plant and then you get to form it and cure it.