The key is to work with a reputable QI who is experienced in handling 1031 exchanges.

Others are exploring different real estate asset classes all together.Notice in that chart in the link above, today's trend isn't too different from how things looked basically until 2010.

My husband and I plan to use the proceeds from our sale to purchase a larger business in a few years using an SBA loan.For those interested in exploring entrepreneurship through acquisition, I think laundromats are a great place to start.

Explore off-market deals where competition might be less intense.Don’t get discouraged—success in these markets often comes from building strong connections and thinking creatively about deal sourcing!

It's helpful to work with a reputable team.

To minimize capital gains tax on the sale of their primary residence, your in-laws can utilize the $500,000 capital gains exclusion, potentially explore an installment sale to spread tax liability over several years, or consider converting the property into a rental to use a 1031 exchange for tax deferral eventually.

I’d love to exchange insights, explore deals, and help each other grow.Feel free to DM me or comment below.

Alternatively, I could explore loan recasting, where the lender recalculates my monthly payment based on the reduced principal, keeping the original loan term intact.

We currently stay in Miami and prices here are very expensive i do want to stay in my backyard but prices are extreme  so i would love to explore some out of state markets ! 

He’s got a solid reputation and is an active member of the local REIA.