Thank you appreciate , previously we had owned a condo that we outgrew and turned it into a successful rental. The small loss every year still helped and with 18 year SL managed to keep the property without a Starker exchange. I worry about the future capital gains especially the recap, although its a different world today with inflation and very high demand for FL. property. My son actually owns the house and we are renting (FMV rent on lease) but its tough to keep up with 8-10% per year appreciation.
