The capital gain, $100k, is taxed at capital gain rates.The $36,360 in depreciation recapture is added to and taxed as ordinary income (No ss/med tax) up to a max rate of 25%….since it was deducted from your ordinary income as you claimed it each year.  

In 3-4 years, you will not have a lot of equity in the home, so I'm not sure you'd want to refinance (if you plan on trying that, talk the bank because ending your mortgage before the term is up (ie 1 yr, 2 yr) comes with a heavy interest penalty (basically you have to pay out all of the interest remaining for the rest of that term).As for renting vs investing elsewhere-run the numbers as to what your payments would be if you bought a house including insurance and property taxes and repairs vs renting. 

I'm really on the learning stage at the moment and I know that I have to find and build the right team to make things work.

Our mission is to make owning rental property easy.Looking forward to engaging with this awesome community, sharing insights, and learning from all of you.

Lastly, when i try and call them to speak to my property manager 99% of the time I wind up having to submit a note in their portal and wait for a call back.As to to the new garage door that will be installed by the tenant, I wish they would be more involved, giving the tenant some options of companies to call, and to walk them through the repair process.Am i wrong in any of these thoughts or concerns about my current PM---or---do i need to let the property manager do their thing and learn to take a step back?

YES, you can still achieve cash flows of 7% to 10% in the single-family residential (SFR) sector.If you want to learn more about these opportunities, don't hesitate to reach out.

This InvestorLift requires an upfront $5k non refundable and looks to me like there is no option for inspections....curious what others take on this site is.Thank you in advance, I'm fully committed and learning daily...love this site and it's members

I called it “hell house” and it took me 7 yrs to finally get rid of it after losing lots of money and time, but I did learn by my mistakes.

I would like to sell the property to the restaurant operator and they are willing to buy. i want to hold the paper on it to get the interest and what I'm hoping for is deferring the capital gains taxes until the balloon payment would be due in 5 years.

I believe that learning from experienced investors in this group can significantly impact the success of my first investment property.