There are specific rules for 1031 exchanges including:The replacement property must be identified within 45 days of transferring the relinquished property.The replacement property must be received within 180 days after the transfer of the relinquished property or the due date of the taxpayer's tax return, whichever is earlier.Special rules apply for exchanges between related parties (defined in § 267(b) or 707(b)(1)).Real property located in the United States and real property located outside the United States are not considered property of like kind.Cost Segregation StudiesA Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

I was speaking with a property owner who is open to seller financing, but mentioned that I need to get approved by an RMLO.

I carry my phone with me at all times, and approve all requests within a few minutes if I can.  

., not requiring a long-term lease for the “rent” portion of BRRRR before approving the refinance) or allowing investors to borrow in an LLC or other creative structures.

Non-warrantable requires specific financing and most lenders (Do Not) offer that type of financing approval.

Its all mobile through phone, you'd need to be on the host account to view anything, or in the car with them to learn anything.

We’ve secured pre-approval from Chase for a $200k conventional loan at 8% interest with a $40k down payment for our first rental property.

Let me explain with example:- Assume I purchase land worth 50K in August 2024, and then hire contractor/architect and spend over 100+ hours discussing the building plans, etc to either construct a SFR home or a Manufactured/Mobile home.- I will also supervise the construction and other related activities (but will NOT build the house myself) .- Let's assume the total cost of construction is 200K (or 150K if it's a manufactured/mobile home).My Question would thus be- Can the STR tax loophole strategy allow me to offset 60% of the 200K amount that I paid towards construction of the home, (or 60% of 150K if it's a Manufactured home)Any success stories with this kind of approach?  

@Zehua Zhou,You can use a Fidelity non-prototype account to manage the rentals, but it will have some of the features available with the bank's checking accounts, such as having a debit card, mobile deposit, and bill pay.

I think I've read others post that you can say you are not approved to take section 8.