Don’t get any financial gain, just want him to know I am happy with him and want to share.I can’t post number or email in the forum posts but if you want his contact info feel free to reach out to me.

Out of your $500k gain, only 31/71 portion, or $218k can be excluded.

When we did the exchange, we took out $25k knowing we would be taxed on this portion of the gain. 

@Sofia Galan the Seller can defer their capital gains into periods in the future.

But the good news is you can gain skills and experience, making you a safer bet.

Purchasing more properties using cheap fixed debt as a hedge against inflation and a way to gain more depreciable basis.3.

Another option is teaming up with a more seasoned investor and gain experience to build your resume + nest egg.

House hacking would have a number of benefits in your situation such as:* The ability to pickup multiple units on one shot with a lower down payment* You will lower or even eliminate that $2100/mo rent you are currently paying * You will gain valuable experience in property management without having to do it at a distanceIf you are going to continue to rent for the next few years, its a no brainer.

No court will be on your side, and it will cost you more than you will gain.....

The house would appreciate to +20k in today's market but I don't think the capital gains include those losses if I sold now, and on top of that I think I'd pay taxes on it too.