The exchange entity must remain the same, meaning the ADU ownership should mirror that of the relinquished property.Construction exchanges require improvements to be completed within 180 days, and the total value must match or exceed the property being sold.

Please feel free to reach out if you have any advice, insights, or opportunities to share!

Cash flow is crucial, especially if you depend on it for your monthly income.Selling the property for $170k, which is above its market value of $120k, might seem like a good deal initially.

Those are old enough to see some that need extreme updating and could potentially have value add component with a decent spread.

More and more people are working with remote tax accountants, with the amazing technology we have today why not work with someone your feel comfortable with from the comfort of your own home ?

I think new builds don't really work from an ROI standpoint, but if you can find properties that have easy ADU conversions then the value might be there.I'm in MA and we just made ADUs legal by right, so I'm looking into the best ways to add value using them.

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

Hi @Matthew Mclean, feel free to reach out via email to any of the real estate-savvy CPAs here on BiggerPockets.

I have decided on a value that each LLC has before starting the next LLC and some of this depends on the location. 

Feel free to download it here and reach out to me with any feedback: https://apps.apple.com/us/app/biggerpockets/id6736392302