Also on the 1031, exchange part there a many mistakes.

Beyond that, I enjoy cultural exchange quite a bit and having my perspectives challenged.

We recently sold that condo to 1031 exchange.

Now I am at the stage of negotiating a repair credit on the upleg and then removing contingencies.I know this is an unusual request but is there anyone who is experienced with 1031 that I could hire to make sure I do this right any my friend doesn't misguide me and mess this up?

Further, it would seem like the resale price would be going down soon and it would be better to wait (though I understand you have a 1031 timeline).

I also have a plumber across the road that I allow to use my lake access in exchange for labor when needed.

No more 1031 exchanges for me.

You may also be able to take a higher interest rate in exchange for lower closing costs, not sure what sort of rate you're currently being offered.

For example, seller may have 4.5% debt and so current NOI is worth more to seller than a new buyer who has to pay 6.5% debt.Seller finance is a great tool too.My only caution is to NOT overpay for a property in exchange for seller finance at an attractive rate.Here is a hypothetical say market cap is 7.0%.New conventional debt is 6.5%.But seller will carry at 5%.With seller finance at 5%: What price does one pay?

What's my tax bill if I sell and don't exchange?