These properties were exchange properties from a 1031 transaction several years ago.

In exchange, they let you take over their mortgage debt and you take over ownership of the property.

In exchange for his 49%.

How can I help you achieve your goals in exchange for you helping me?)

If you can negotiate a lower down payment, it would free up more cash for you to invest in improving the property, such as adding a nicer backyard with a jacuzzi and more backyard activities.Another option could be to negotiate a lower purchase price for the property in exchange for a higher monthly payment to the owner.

Anybody have some sample wording for a seller carry back mortgage note that is held inside of a tax deferred exchange? 

This experience has led me to re-evaluate my investment strategy.Therefore, I'm considering selling my Missouri properties and using a 1031 exchange to invest in new opportunities. 

Boostly also encompasses a weekly podcast and a Facebook community that you can join to exchange ideas with other property owners.Other options include using bigger and better Channel managers like RentalsUnited https://rentalsunited.com/Or NextPax https://nextpax.com/channel-manager/integrations/channel-par...The more viability the better helps you get through the slower season. 

Hey Steven, Generally homes such as yours that may fall into the "fix and flip" category do not meet the qualified use regulations for 1031 exchanges.

For example, in 2024 if married filing jointly see table below.You could also do a 1031 exchange to avoid the taxes completely but have to invest all money into a like kind property of higher value.