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

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).

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

When we looked at what his cashflow is currently, and then considered what he would net out of a sale post tax, he decided to keep owning the properties.

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

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

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

- 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.

They remit the taxes.

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