Third-- What is a good read that I can buy to help simplify the process.

That's the simplified version of what I did but you can do the same!  

I believe you are over simplifying your numbers.

I have seen it represent a good value and not so much...To simplify....

I am a bigger fan of equity so long as it still cash flows b/c I like 15 yr mortgages to get mine paid off, but my strategy is for a paid for portfolio and to simplify my life as I get older.  

Actually, my explanation isn't simplified at all.

Same example as above.Old property was originally purchased for $400K.Sold for $500K$100K net proceeds (assuming closing costs included to simplify the numbers)Using all $100K net proceeds, new property is purchased for $400K.Since I utilized the entire net proceeds of $100K into the new property, what would I be taxed on?

Hey BP,I'm having a hard time visualizing the taxable capital gains on the backside of owning a property.Here's an example to help simplify my question:What gets taxed when you sell a property?

This is probably way over simplified, but I take the ARV multiply by .80 then subtract rehab costs.  

If anyone can help simplify this for me, so maybe it will click in my brain ...