Thanks for sharing @Brian Foster, I can sea what you mean. 

(sure, healthcare and housing prices have been soaring) If anything, there is probably a higher chance for deflation out there, as even the Fed was not able to squeeze out any meaningful inflation numbers in a long time since they've pumped the money into the economy (QE).

I'm a big people person and love building meaningful relationships.

Depending on what the gain will be, it may have been a good thing to do.Selling a property is a meaningful taxable event.

Quote from @Dave Foster: @Patrick Rafferty, Any tax paying entity can do a 1031 exchange. 

Without REPS, the passive losses from these rental activities may still be subject to passive activity loss limitations, so it may not yield any meaningful tax advantage.

@Dave Foster I heard that in the recent episode as well.

@Brian Foster Thanks for the advice and kind words.

@Dave Foster Thanks for the detailed response...

Good feedback from @Basit Siddiqi @Ashish Acharya and @Dave Foster I don't think I can add much more to this.