Or 740k with 1031 exchanges but not everyone wants to tie up their money again.On top of that, you're negative because you only put down 5% and $900-1000 in rents back then wouldn't cover you.

Thx to his teachings, I sold my non-performing trophy multifamily and am in the process of 1031 exchanging it for money-making rentals.

I completed a 1031 exchange in 2023.

1031 exchange from the sale of a investment home in Sarasota Florida How did you find this deal and how did you negotiate it?

In most of the 35 or so deals i've been in, i've had little to no taxable distributions until year 7-8 on our typical 10-year hold period, so a 10% cash on cash return is an effective 13.33% for example when you compare to other taxable returns if at 25% bracket,        The syndication next can roll the sale proceeds into another larger investment, like-kind, 1031 exchange and not have to pay any long-term capital gains taxes, about 20-23.8% nor any depreciation recapture tax about 25%.

Great work on using a 1031 exchange.

Consider targeting properties that have the potential for appreciation in value, as well as options for utilizing tax-saving strategies such as cost segregation and 1031 exchanges.

I caught up a couples defaulted loan which was 15K in arrears, which I paid directly to the lender for security reasons, in exchange for an Option to purchase their house.

I don't see the point in buying a distressed asset with a 20k discount in exchange for 50k worth of work.

Hi All, I had owned a property on my own name and just sold it last week and transferred the money into 1031 exchange.