But I do believe they should replace the units before hand or drop the purchase price.

@Steve DudeckTwo requirements to avoid all tax….1) the price replacement property must be greater than the sold property(less actual selling costs)2) you must use All of the cash proceeds from the saleAny retained cash is “boot” and taxed.

The bridge is in rough shape and the engineering firm I had looked at it said that it would only support the weight of a pickup truck but would not support the weight of a cement truck or larger weights required for development or required by the fire marshal.

I should be able to reverse engineer a few numbers from this!

If I continue to hold the portfolio I will have to start replacing roofs in the near future. 

@Andrew Kensmoe, Its not really going to matter how you purchased the replacement properties. 

You will go to try and replace the outlet and the cloth is all burned.

Have painting, electrical and counter top replacement work for a property.

Long term, my goal is to completely replace the sales income with my personal investments, but short term is also to invest in LTR/STR's in the Fort Myers/Cape Coral area.

Hello everyone, I am analyzing multifamily deals using a modified spreadsheet I found online, and the spreadsheet has a reserve account that is taken directly out of of the NOI called "Replacement Reserve".