If they are prepared to earn the private fund returns (and tax benefits) they need to accept the lock up period is indeterminate.

In order to benefit from a 1031 exchange to defer my taxes will I need to convert my primary residence into a rental property and if I do, what's the minimum amount of time that I need in order to hold it as a rental to make sure it qualifies for a 1031 exchange?

Your residents would benefit with better gym access on the road, the gym would get a little more revenue each month; and you can advertise the benefit without sacrificing square footage.Thanks, and best of luck.

No, as I mentioned I have LTR rentals but it's becoming difficult to keep buying these when I don't get any immediate tax benefits from them, I've bought two in the last 2 years and had to put out a bunch of money to get them ready, etc and not one cent of that is a writeoff for me until years in the future when I actually have passive profit, meanwhile I live in a high tax, high COL state.

The investment is on track to become a dynamic, mixed-use destination in Downtown Morganton, benefiting both my portfolio and the local community.

The investment is on track to become a dynamic, mixed-use destination in Downtown Morganton, benefiting both my portfolio and the local community.

The investment is on track to become a dynamic, mixed-use destination in Downtown Morganton, benefiting both my portfolio and the local community.

The investment is on track to become a dynamic, mixed-use destination in Downtown Morganton, benefiting both my portfolio and the local community.

By showcasing the mutual benefits of my offer, including a quick and seamless closing process, I was able to secure favorable terms that aligned with my investment goals.

Even if their pay doesn't increase this is a small enough change for most tenants to adjust to within their budget especially if they come to expect it with their next lease renewal. 5. 1-3% annual increases might not keep up with rent price increases in the short run.