All Forum Posts by: Cameron Nordin

@Jon Taylor, this is a great explanation.  Thanks so much for breaking that down for me.

I have a short term rental that I self manage and am considered a real estate professional based on material participation rules.  I did a cost segregation on the property 2 years ago and am now in the process of selling the home to purchase a long term rental.  Based on the expected sale price, I am not expecting a capital gains hit as the sale price is only $15k more than purchase price.  My question is:  Since there is such a small capital gains tax hit, is there still a benefit to 1031 exchange to transfer any of that depreciation with the sale so I don't get a big tax hit on this sale?  Or is cost segregation not transferable with the 1031 exchange?  Thanks of any advice.  

Starting up the All in One Loan conversation again.   Just lost the rate to a home that I was “locked” into from last Feb.  looking at other options and the AIO was presented to me.  The adjustable interest rate is what concerns me.  Over goal is to use this for an investment property and to expand in the future.  Would you lock in at 6% now for a conventional or take the AIO with its advantages and adjustable rate starting at 5%.  A lot of people seem to be in favor of this loan, but I am trying to find the downsides as this is the first I have heard of it.  Thanks for any insight.  

Thanks Doug.  Need to get down there and get eyes on sometime soon.  Appreciate the advice!  Cheers. 

Considering multi family properties around the Pensacola area.  Are there any good/bad experiences?  I am looking around Highway 98 and close to the base.   It too familiar with the area and trying to do my due diligence.  Thanks for any help.