While effective, reverse 1031 exchanges require thorough planning and are best suited for strategic investments.This post does not create a CPA-Client relationship.

Quote from @Rafael Ro: Quote from @Ashish Acharya: @Rafael Ro Option 2 (turnkey out-of-state properties) suits your situation, balancing time constraints, risk tolerance, and scalability.

Some examples of properties with high asset reclassification include medical clinics and hospitals with technical machinery and labs, grocery stores with machinery, shopping centers with rainwater drainage systems and large parking areas, industrial manufacturing facilities with advanced equipment, apartment buildings in suburban areas with swimming pools, golf courses, tennis courts and large parking areas for tenants.Here’s a list of the average amount of assets that can be reclassified into shorter asset life classes based upon the type of property.

The tenants are currently in court with a title dispute so the house would have to be paid for cash only.I would like to convert it to a primary residence and turn the garden level into a separate two bedroom apartment for use as an in law suite.

Also do you have any info on him. i can dig up some info on him and then get an attorney to file a suit against him if oyu wanted to go that route. happy to assist in digging up info so you can give it to an attorney. note I am not an attorney but a note investor and good at finding stuff on the web

I added a bedroom to my two bedroom suite due to high demand last year. 

Especially if the other kids follow suit, they'll likely need some kind of housing for a significant period of time nearby so buying now wouldn't be the worst move.Just my 2 cents.

I think what you are describing is essentially a data center Build to suit perhaps? 

If you anticipate selling the property soon, it’s worth negotiating or shopping around for a lender with flexibility in prepayment penalties.Feel free to reach out if you'd like to explore tailored DSCR options that suit your goals.

To their surprise, bookings actually ticked up a bit.You dont have to highlight every detail of your exterior if it’s not your property’s strongest suit.