Yeah I'd lawyer up and consider moving into the place for a few nights then change my mind.  

As part of my father's estate, I have a minority share in a 251-unit residential complex in Louisville, KY.

Note: I've tried both H&R Block and TurboTax, neither in my experience were very helpful in preparing Schedule-E wherein I had to enter the breakdown for depreciation cost-basis for 5/15/27.5 years.

Recently, I found out one of my tenants applied using a fake identity.

For multifamily, most of my clients are taking breakeven numbers with high down payments to offset the current rates.

I recently just bought my first lot to build a new construction home.

My name is Bokary, I'm a recent college grad that moved to the bay area to kickstart my career!

My question is this: are we able to 1031 this profit into a standard rental?

I moved from Toledo to columbus where we do ground up triplexes but I'd never touch my home city, not even perrysburg. just too small and negative net migrations. these submarkets on their own are strong but just unless you are ready to call zoning offices and find realtors to price new construction and find contractors and make several trips out their I'd focus on a stronger market in ohio. the largest cities that are more tier 2 cities are columbus, Cleveland, Cincinnati 

From the Grand Forks Community Land Trust website we see that a CLT is defined as "community-based 501c3 nonprofits whose intent is to provide perpetually affordable housing options.