It wasn’t until today that I realized how useless these organizations are.If you’ve been following the news, there have been a lot of claims going around since The National Association of Realtors Commission Class-Action settlement offer was released.

3/15/24Home sellers would no longer be forced to pay up to 6 percent commission to agents under a settlement that experts say will drive down prices.American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commission.The National Association of Realtors, a powerful organization that has set the guidelines for home sales for decades, has agreed to settle a series of lawsuits by paying $418 million in damages and by eliminating its rules on commissions.

Fix n flips and new construction where your intent is primarily to resell do not qualify for 1031 treatment.There is no statutory holding period although most folks feel that anything more than a year is perfectly fine. 

Time - depends on the bookkeeper, how experienced they are, how organized your information flow is, etc.

My team and I purchase raw land, entitle, add-value, and subdivide lots for residential projects to resell to national home builders or other developers. 

The organization looks good, but we all know that looks can be deceiving. 

I would use my cash to purchase multiple units for the same price, fix them up, and resell.

American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commission.The National Association of Realtors, a powerful organization that has set the guidelines for home sales for decades, has agreed to settle a series of lawsuits by paying $418 million in damages and by eliminating its rules on commissions.

The most common beginner-friendly strategies include buy-and-hold (acquiring properties to rent out), fix-and-flip (renovating and reselling), and house hacking (living in a multi-unit property and renting out other units).

Can't also leave out the fact that Sam donated 100s of millions from FTX customers to politicians and related organizations.