Thanks for the idea Bob, I am somewhat familiar with MLP's and it's a good consideration but I am worried about the Obama administration reforming the corporate tax code which would negatively affect MLP's overall.

The tax reform limited interest deductions for personal properties, not investment properties.

You may also want to wait until the tax reform frenzy has passed. 

I just reformed the way I log everything and am more disciplined with saving supporting evidence like screenshots of texts, emails, call logs, pictures, etc. so the main argument for shooting for the real estate professional status is that it helps you to stay focused and continually improve your methods.I will have to find a good CPA to help me navigate all of this, have you guys got any recommendations for real estate focused CPA's that work across state borders including PA?

Managed Care Reform and Patient Rights Act B.

Originally posted by @Michael Duguet:I assume you can still sell under a 1031 after a bonus depreciation...Yours is a partially correct assumption.Partially, because the rules for exchanges have changed with the tax reform.

There were lots of tax benefits or loopholes right before the tax reform act of 1986, which is what helped start the big recession that lasted into the 90s.

I predict that as the renter pool continues to grow in the new few years, economic inequality will continue to grow exponentially, leading to social unrest as well as calls for economic reform, which could explain the growing appeal of Bernie Sanders back in 2016 to those that are most at-risk.I predict America will become much more like Europe in the coming years; normalized social unrest/tensions, even more economic inequality and pushes for more social programs subsidized by higher taxes.

@Greg H.Account Closed   Greg  Jim is not a happy camper with the real estate industry as a whole he has put up a post on what he believes are the steps to reform the industry..  

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?