As for title, you need to 1031 exchange under the same name as the relinquished property.

Also you know you’ll have enough for your project whereas often at the box stores we were finding like 4 packs of the hinges that we wanted then having to wait 2 weeks to get the other 6 packs back in stock.

If I put the money in the stock market, and got a 10% return, well, after tax on the gains, that return is more like 7.5%.

Whether you're in real estate investing, development, or just starting out, I’m excited to collaborate and exchange insights.

I prefer not investing this savings in stocks or other vehicles in the near term because I want it to be as available as possible. 

Sometimes it will seem great, but then it gets it horribly wrong with confidence.While most exchanges are relatively vanilla, using an experienced QI and tax advisors in the process is well worth the avoidance of blowing up a 1031. 

Receiving payment in exchange for space is considered income.The good thing is that you likely have expenses to offset the income.Best of luck

I plan to sell quite a bit of stock this year (2024) in order to fund some renovations and want to use the depreciation of these properties (if possible) to offset my capital gains when i sell the stock.

Example: A property was sold in a Sec. 1031 exchange for $1 million.

for Zero Risk to capital, move cash to your brokerage and buy USFR, paying 5.4%, must pay federal tax but no state taxes, it holds short term US treasury floating rate notes, no FDIC needed as FED can print more money to pay you offfor Mild Risk to capital, buy BKN, BlackRock municipal bond fund with 20% leverage, pays 5.5% tax free, and if 10 year bond yield falls 2% over next year, likely with rate cuts coming, then this will appreciate by about 15%for Mild to Moderate Risk to capital, buy EDV, Vanguard 30year zero coupon US treasuries, pays about 4%, taxable and if 30year bond yield falls 2% over next year, likely with rate cuts coming, then this will appreciate by about 60%Don't put into stocks if you need the cash in <3 to 5 years due to stock volatility