This means that you actually pulling funds out that could otherwise be invested in growing tax-deferred.

Renovated apartments and cleaned up the property including deferred maintenance.

@Joe Villeneuve what kind of strategies do you use to help defer capital gains when you sell the property?

Vacancy and maintenance factors should be higher than for Class A as homes will be older, have more deferred maintenance and tenants will be harder on them.10) Class C can be relatively successful with a great PMC (do NOT hire the cheapest!)

Vacancy and maintenance factors should be higher than for Class A as homes will be older, have more deferred maintenance and tenants will be harder on them.10) Class C can be relatively successful with a great PMC (do NOT hire the cheapest!)

The reinvestment must meet two requirements to qualify for 100% tax-deferred exchange treatment. 

I combine because more deferred capex means higher maintenance bills, typically.  

Maybe instead of trying to relocate to save on the capital gains taxes, we could defer taxes with a 1031 or other strategy. 

(I would defer that to @Ronald Rohde for his take however). 

The beauty of doing these deals within a retirement account is that, depending on the account type, the profits made off of the investment are either tax-free or tax-deferred.