The issues I'm seeing have to do with how the new leases were worded regarding the security deposit and who signed the leases.

However, when the new owner sells, they will owe capital gains tax based on their share of the basis.Given the complexity and IRS scrutiny of 1031 exchanges and drop-and-swap strategies, consult a CPA or attorney specializing in partnership taxation to ensure compliance and maximize tax savings.This post does not create a CPA-Client relationship.

This will create your new basis.From an operational perspective, you might want to touch up a few things on the place to make it more rentable. 

Link to home: https://www.zillow.com/homedetails/5649-36th-Ave-SW-Seattle-...Link to new Seattle zoning plan: https://one-seattle-plan-zoning-implementation-seattlecitygi...

To get the property ID from the urls the code generates, you can set up a new column in excel that splits the url to get the last part (the property id).

I have over a decade of experience in strategy consulting and in real estate underwriting for new acquisitions and ground up developments.

My realtor recommended SDIRA Wealth, a company known for its high-volume new builds every year.

Give your state's 'cure' term ("In New Jersey, a tenant has three business days to pay rent and court costs after a judgment of possession is issued to avoid eviction.

Hello everyone. My name is Steven Moutray and my wife is Renee Smith. I have spent over 30 years in residential remodeling. I have enjoyed all the remodeling work I have done over the years. Remodeling is a part of wh...

I also renovated hallway and replaced all staircases with a new oak staircase.