Purchase price: $340,000 Cash invested: $209,000 1031 exchange from Killeen 4-plex into a 6-unit apartments.

Purchase price: $340,000 Cash invested: $209,000 1031 exchange from Killeen 4-plex into a 6-unit apartments in Wortham.

And in a 1031 exchange the tax payer has to stay the same. 

Dear Expert, I need your advise on my rental exchange.

So far we have completed over eighty 1031 exchanges, and a significant number were from Portland.As you know, Portland's population is declining.

One other negative that people don't think about is that even if the tenant is doing well, sometimes at the end of their lease they will try to squeeze you for more TI to remodel the place in exchange for a lease renewal. 

Owner shall not hold the Agentliable for any willful neglect, abuse or damage to the Premises by tenants or vandals or others nor for loss of or damage to anypersonal property of the Owner or any tenant including loss due to exchange or theft by tenants or any third party.

@Will Boller, in a quick click around on Interval International's website (https://www.intervalworld.com/web/my/home) a major exchange for timeshare properties, it seems like it is 50/50 from my small sample looking at properties in the northeast USA, with a handful allowing Sunday weekly check-ins too.Granted, this exchange is not an Airbnb, but it is all weekly stays in condos run, presumably, by large professional operators that have studied this business to maximize revenue.  

Try and do so if you're able since Sec. 1031 and similar exchanges just kick the can down the road further while Sec. 121 gets rid of the can entirely.

Keep in mind:#1) they are doing a 1031 exchange (selling 2 relinquished, and purchasing 1 replacement)#2) sale price is over $300,000.#3) it is almost impossible for them to do a simultaneous exchange on the same day.