By holding onto those properties, you'll be savoring the sweet taste of appreciation and cash flow, laying the foundations of a solid empire for generations to come.A long-term mindset is key to building lasting wealth in real estate.

Just recently, I'm looking for a rental for a client and recognized a property that just recently sold. 

The property I bought was a referral from a past client and a deal I could not pass up.

She really is a wholesaler using their services and they give a bonus in the form of skip traced leads to their current clients for referrals.

You cannot transfer the 1031 exchange benefits to another property, and gains are deferred, not eliminated.This post does not create a CPA-Client relationship.

Just remember to always keep your client's interests ahead of your own, be transparent, and keep investing and moving forward! 

@Sean MacDonaldI think you summed it up in your observation of your clients, it's very typical here in the valley that the number of transactions will decline right before an election and then those buyers just like your clients will get back in and the number of transactions will pick back up in the months following the election.

Now granted a very well cash up client of a commercial bank can get a rehab loan. but 90% of those out there that get them from PML or HML would never get approved at a Commercial bank.

I always recomend clients against low class out of state deals as it often just doesn't work well.

Since benefits typically accrue over years, the payoff may be limited if you sell within two years.This post does not create a CPA-Client relationship.