I don't have the capital right now to buy anything that requires a down payment.

I was also using the BRRR method so I was able to get some of my capital back each time.

Hi Heidi - When you sell a property, the IRS requires you to "recapture" the depreciation you’ve taken on that property but by doing a 1031 exchange, you can defer not just capital gains tax but also depreciation recapture tax.If you believe apartment complex is a good investment, with the 1031 exchange process, this can be a beneficial strategy.

It will require a LOT of capital to do this as a business5.

No matter how good of a deal, it is quite difficult to raise capital from larger check writers who often have minimums they abide by.

Barbara Isabel is a great person for LA as well as her investors focus on multifamily construction options.Basically, if you are looking to invest in CA in any way, you need a solid amount of capital to even think about it and then you will still probably decide on somewhere else.

You might need more capital and a larger down payment to make your numbers work, but that is what is working in todays market.

Hi Joe - For a single-member LLC, the IRS disregards the LLC as a separate tax entity which means no capital gain impact on transfer.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.

I don’t have much capital laying around and I’ll most likely be working with a partner so I’d like to have a good ball park figure of what is needed to get off the ground.