only if it doesn't work ha    Lots of great feedback and advice here all comes down to your values and after that your goals work on those first to slow your process down and really get clarity on what you are actually trying to accomplish.   

Let's clarify the reasons behind the $750,000 cap on mortgage interest deductions and how it applies in this scenario.Origination Date: As you correctly mentioned, the individual mortgage on the unit originated before 2017, while the underlying mortgage originated in 2021.

But for some reason I’m still not fully clear on how to personally own or have more the 8-10 mortgages for rentals.

True, but after 15 years, it becomes an actual source of income. 

The greatest thing about the 1031 is that it allows you to actually shift from bricks and mortar to DSTS in times when you want less management head aches. 

While I told him already I will never cut him in on a deal out of "being my brother" I think it is right that I grant him some sort of value because he would be over paying on rent by $500 by living here and I have already told him I would give him an equity split, far more than what I will actually end up giving him in the end.

It was actually under contract with a contingent offer for months, so I suspected something may be up because at the time the velocity of transactions was insanely high in my area and closing times were as low as a week.

They were paying above market rent, but now with the crazy rent increases in the Phoenix area, they're actually paying a little below market.  

This deal structure could actually be the future of real estate.

I looked into it last year, but decided not to right now and I won't give the reasons... rather I'd like to hear any input.