They would get that $500K tax free and the rest of the tax would be deferred in the 1031.A very elegant solution that puts $500K tax free in their hands now. 

If you’re interested in discussing this further, please feel free to message me.

Whie DOS lender risk may or may not be high, being ininsured is... well, enjoy your 'asset protection'.

We have two young boys who also enjoy Japan and hoping we can all begin to learn the language and possibly enroll them into an International School during the summers.

If you're curious about what your current home is worth feel free to reach out, I'm also an agent based out of Green Bay.

Feel free to reach out if you’ve got more questions.

He even chatted with me through this forum (Bigger Pockets) and was very encouraging that you can even do it just with free stuff out there.  

But in reality, holding on too tightly limits growth, causes burnout, and actually costs you money.Why Letting Go Helps Your Bottom Line✅ Frees Up Your Time – Instead of handling every single tenant issue, you can focus on strategy, acquisitions, and big-picture decisions.✅ Allows Specialists to Do Their Jobs – A leasing agent will lease faster than an investor juggling 10 different tasks.

Now you have the Tenants Bill of Rights and every tenant now gets a free lawyer if you try to evict them.

Hope all of that makes sense but feel free to post with anything else.