The good news is that if you converted a 4-unit rental to a primary (1 unit) in order to get the Sec 121 exemption, you could use a 1031 exchange for the other three units.Live-in multis get complicated when it comes to this stuff, so I would definitely recommend you speak to a prop before you pull any triggers on this strategy. 

I'll tell him the news and see if we can brainstorm a solution.

Also rents are on the riseAll good news for Detroit market

You have no control over what a stock price will do, no control over earnings, no control over the Fed, no control over world news. 

@Lisa M. that is good and bad news...haha, sorry for the issue but glad the guy didn't cause it. 

Don't let the news fool you though and think that there are not good deals to be had.

I've been researching and reading books on the Forex Market and fell in love with the idea of trading money for money, I sort of feel connected with the world doing so as you should be updated on the countries you trade with and their politics/news!

It's all case by case, which is bad news for you, but good news for us accountants, sorry. :)

If you've been following the financial news, you know that the "next recession" is already here.

Kurt, if you'd like to message me the address I can let you know the demographic and any local news I can pull up.