It's impossible for them to hit the third close date and it's not likely they could hit any close date so they back out.I am feeling as if I was mislead. 

Please feel free to send me a P.M. 

I would need more info to really help, but feel free to reach out to me any time.

That is where LPs can feel free to share their real experiences without fear of any potential bad blood or retaliation from GPs.

The calculation involves:Selling Price: $1,075,000Original Purchase Price: $355,000Depreciation Recapture: $105,300 (taxed at 25%)Capital Gains: Sale price minus original cost, minus depreciation, minus selling costs (~15-20% federal capital gains rate for their income bracket).State Taxes: Since the property is in California, state capital gains taxes will also apply.Given the multiple layers, I’d highly recommend your parents work with both a CPA experienced in real estate and a qualified intermediary for the 1031 if they choose that route.If you need recommendations for professionals in Illinois or California, feel free to ask!

Feel free to inquire about their staff qualifications if it's a larger organization.2.

Feel free to reach out for more details.

It is validating to hear that most of you feel communication about this matter would be normal/expected.

I'm local and looking to see if anyone is nearby and wondering some things like how well BRRRR might work in our market (my feeling is not as well as others).Look forward to getting to know you!

Feel free to PM!