Account ClosedThe challenge for any PMC is trying to keep ALL their owners happy - despite owners having various approaches to maintenance ranging from:1) Slumlord2) Over-improving like they will live thereOur best approach to all this is to, "Maintain to the Neighborhood". 

The IRS typically requires the same entity that performed the 1031 exchange to continue owning the property to maintain tax deferral.To avoid any unintended tax consequences, it’s crucial to consult with a 1031 exchange expert or tax advisor before dissolving the LLC or making any distributions.

.- If a property has already been on the market for longer than the average DOM, consider an offer that has terms/conditions favorable to the owner while maintaining a purchase price amount that is favorable to you.

The expense of maintaining a “doctor’s building” is different from another building.

General Advice: For those who have successfully transitioned from a W-2 income to full-time real estate investing, what were your key steps?

I'm curious to hear your story and action plan for becoming a full-time real estate investor.

To thrive in real estate investing, you must maintain a firm grip on your finances.

I would like to take title on the DSTs as an individual and dissolve the LLC for simplification purposes.Options seem to be:1) Take title as individual on replacement property2) Take title as LLC on replacement property, then transfer to individual later3) Take title as LLC on replacement property, maintain LLC indefinitelyAppreciate advice from anyone experienced in this matter. 

Be specific about your target audience and attract the correct folks.Strategy and consistency are needed to build and maintain your investor list.

State-Specific LLC Requirements: Each state has different requirements for forming and maintaining an LLC.