Also the treatments on passive loss limitations can differ to dependent on material involvement 

I currently live in South Austin and would prefer to minimize my commute if at all possible.

It should be—make no mistake, there are many people who have “lost it all” making bad real estate investments, both from poor decision making and market forces.The primary difference is that in a syndication you can suffer a loss as a result of bad decisions and fraud by the sponsor in addition to the risks of loss present in direct investing.  

Hey guys,I'm a real estate investor not living in the US, but looking to invest never the less through an US-owned LLC.My question is in regards to the capital gain tax, and how it works, how much it is, and what the smart investors do to minimize this. 

I have very minimal capital to start.

I'm sorry for your loss.

This looks like roughly a $200 loss in cash flow for 100k cashed out. 

Thank you for sharing definitely will keep that in mind in the future to minimize that from happening as much as possible. 

Expect to eat the cost of a full repaint and new/refinished flooring depending on what you have in there.The loss of 15 days prep time while they are still in there doesn't really hurt you.Make sure your new lease has an expiration/renewal date in the Spring or Summer.

@Brandon StevensonWhile using LLC for your rental properties is a great choice for asset protection purpose, doing so for your primary residence is rarely a good option.Doing so would have consequences regarding: Mortgage deduction,Homestead protection,Loss of the section 121 capital gain exclusion,Cost of insurance,Cost of mortgage,Property taxes in some states,