The downside of this strategy is that the borrower has some leverage to negotiate terms that benefit them in exchange for the Deed in Lieu.Plan executedGiven that we had ruled out the first two options, it became clear that we were going to end up taking these properties back along with inheriting any accrued liability.

Rent your current house for 2 years and then look at selling it using a combination of 1031 exchange and the Section 121 exclusion to buy a new property that might cashflow better.

I feel buying and holding a rental managed by a property manager in the IRA could have a higher yield, but one would not be able to use deprecation to their advantage, so one year flips make more sense (instead of 1031 exchanges for tax optimization).   

They might offer better terms or be more flexible in such situations.Partnerships and Investors:Bring in Investors: Your friend might find investors interested in contributing capital in exchange for equity in the property.Form Partnerships: Consider forming a joint venture with a developer or another property owner who can provide the necessary capital for rebuilding.Similar Experiences and AdviceCase Studies: Researching similar cases can provide insight into how others have handled such situations.

Throw in the fact its a county seat, has access to not only rail, but regional air, three US highways, two state routes and a state park, and I would wager there should be many more than 10,000 people there.

Pretty funny actually.Have you guys had the "professional" artist want to book your house in exchange for a painted pic of your house?

It’s also a very large investment in exchange for a customized mentorship.

I have a question regarding 1031 property exchange.

Single family residential to same.How do i analyze a replacement property for an exchange?

It's making seasonal, MTR, and LTR a lot more attractive or a 1031 exchange as soon as we hit the 2 year mark.Anyone else seeing this in their part of the country?