Maybe we as landlords need to band together as an industry and develop some best business practices and seek true justification for why we are operating the way we are and reform so that the government doesn't need to step in so much and force us into reform.

Google "housing state of emergency," "relocation assistance," and "security deposit reform" along with "Chloe" tacked onto any of those searches.

The trickle of wealthy émigrés out of New York has become a steady stream since police “reforms” released prisoners and mentally ill homeless people into the streets.

Two big reasons... market in North Jersey seems expensive now, especially after the last round of tax reforms.

We know this works because everyone on the left screamed welfare reform in the 90's was going to create more homeless people but it actually resulted in more people getting jobs and becoming self-sufficient.The only thing I would offer poor people is opportunity.

There are a lot of cases where contracts are reformed to the intent of the makers. 

When you sell the property, you will pay capital gains tax, but capital gains tax will not be subject to SE tax.With that being said, the Tax Reform proposal might change the SE tax application for certain real estate investors - namely those that are considered in an active trade or business.

Here is why there are no responses to your question: it's tricky.Prior to the 2018 tax reform, there was a deduction for personal moving expenses.

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I strongly recommend all the tax advice given by my fellow CPAs.Amanda HanBrandon HallTax Reform Update – Brandon Hall and Amanda Han Linda Weygant GuidesUltimate Beginners Guide Forum StickiesBP Calculators or spreadsheets uploaded by membersMy Favorite Books I have to say all of the BP books…right?

(There was one notable exception, a $100k of HELOC interest, but it has been killed by the tax reform.)You can deduct interest if the loan is used for one of these purposes:Buying or improving your personal residenceBuying income producing investments, like stocks or notesFunding business operationBuying business assets, including investment RENow let's play with your example.