We are a boutique firm in Chattanooga and every agent in our firm is personally involved in either real estate development, owns investment properties or flips homes. 

The IRS could apply this doctrine if it appears that the series of transactions are structured primarily to achieve a specific tax outcome, such as avoiding taxes.Regarding the 1031 exchange, while in-laws are not considered related parties, the transaction could still be scrutinized due to the complexity and nature of the other transactions involved.

And since the S-Corp’s profits pass through to you, you’d still pay personal income tax on the rental income.

Looking for recommendations from people who have personally used a specific lender and had good experience.

We are thinking about taking out 100K for personal expenses once we finance.

Are you looking to just put the money to work or looking to be personally involved in getting, rehabbing, and dispo of deals?

Since your rental is currently held in your personal names, transferring it to an LLC before selling could complicate the exchange.

Is it recommended to do a virtual or in person cost seg and why? 

You should require the new person to apply, pass your screening, and sign the lease.

In-person networking and meetups are great for meeting people and connecting with others in the industry.