If you have other partnerships or LLCs that have passive income and generate capital gains, then you can group the capital gains as passive and still keep their character as capital for tax rates purposes, but be able to offset other passive losses.

I am assuming that you want to defer 100% of your depreciation recapture and capital gain income tax liabilities.

My question is why isn't any professionals firms and law firms get involve on faciliating the mulit-millions and billions dollars with the large capital investors and banks senior officers or their legal department?

You will be left with a monthly check but your capital is tied up.

The remaining gain is subject to capital gains tax.

Also use the cash to provide working capital for future deals.A person in the UK was saying how the 3 D's will help you find deals.

This also holds true for when you need the payoff figures.All and all it is difficult to find these deal, but when you do and you get them to go through it makes for a very low capital, profitable deal.In my opinion you are much better off finding a property that a seller owns outright and is willing to sell with financing.

Some deals may not require capital from you, but it's always a good idea.

If I were to rollover 600k into a 1031 exchange (to build mor condos), and take 200k out and use it as a downpayment on a small apartment complex, would iI have to pay capital gains on the 200k since its not a 1031 exchange (not simalar investment)?

If I rent it out longer than 3 years then I have to pay tax on 400k current price capital gains since I bought the house dirt cheap from my grandparents.