(Most notably, they've gotten REPS aggregation all mixed up in the past.)Based on the regs seems that:- 1245 ordinary income recapture applies to some forms of property that qualify as "real estate" for 1031 exchange purposes- 1245 recapture on such "real estate" overrides 1031 deferral such that 1245 depreciation is recaptured to the extent there's a trade down in 1245 property in the exchange@Heidi Kenefick There are many additional mitigating considerations worth discussing in conjunction a real estate tax accountant.    

First, it could help you qualify as a real estate professional (REP), or at least make it easier to qualify, which would allow you to offset passive losses from your rental properties against your active income.

Talk to Real Estate CPA before doing it.I’d recommend putting this $100k in a in an LLC along with rental to formalize the partnership.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

A DSCR Cash Out Refinance is what I am going to recommend on this.Typically can go up to 75% LTV on a cash out if you have good credit.There are plenty of lenders around here who can get them done,On a DSCR loan we do not take into account your personal income but instead qualify you based on the income generated from the property.

A formal agreement would also be smart to avoid any confusion later on.Sounds like you’re in a good spot with the $80k to invest.

To qualify as a Resident Agent the representative must reside within a 25-mile radius of the Town of Baileys Harbor or be a corporate entity with offices located within a 25-mile radius of the Town of Baileys Harbor.7.

For a 1031 to qualify for the tax deferral the same taxpayer needs to be on title for relinquished property and replacement property.

You could also reach out to a local, reputable, property management firm to see if they offer a la carte services for lease preparation, application processing, move in inspection, etc, if you are planning to self-manage but need some help with the more formal items.

Hey Everyone,I have heard it said on the podcasts before that the reason you are required to live in a house hack for at least a year is because that is how long it would take you to qualify for another mortgage to go buy your next one.