I’ve seen many investor clients use 1031 exchanges effectively.. just be sure to get specialized tax advice.

Your choice should align with whether your goal is quick resale or long-term rental income, and you should consult lenders who specialize in both DSCR and rehab-friendly options.Best regards, Stevan

@Anita Z.I recommend finding an accountant who specializes in real estate taxation, tax planning and financial planning.

If it is not adding up, and you can find an attorney specializing in that type of thing, it may be worth paying for a little of their time.

Not sure how they could block a sale but I imagine they told him the central heating unit for the whole complex would soon need replacement so a special assessment would be upcoming.  

- We recommend 5% after 30 days (or sooner).7) What MoveIn Specials has your PMC discussed with you?

If there was no appreciation, there is no need to do a 1031 exchange.I have never been a fan of condo's as you lose some control over the investment - You have no control over the monthly maintenance fees, you may not have control over who is on the board, you have no control over special assessments.I wish the investments turn out well for you!

I specialize In helping investors like yourself locate, and secure investment properties and provide a hands off experience along the way.

I know a friend who is an attorney, although they don’t specialize in housing law.

I’m a real estate agent that specializes in distressed properties. great, sent you a connect request