We're not sure if we'll pursue flipping or buy and hold but it will be somewhere in the north Dallas or Collin county areas.Thanks,Tony

Thanks,Tony

:)Tony

My name is Tony Piazza and I am a new real estate investor in Houston, TX.

Passing the exam was a cinch, even though I procrastinated a ton. I

Tony - The roof is only 15x45 and the contractor is a personal relationship (licensed and insured however)I'm waiting on those deals to pop up.

@Tony Reynolds,I don't know beyond a reasonable doubt, but I think the requirements to avoid capital gains are very specifically related to 1031 exchanges.Having never done one, I can't speak to it, but I've read enough to know that the handling of the funds is important from one transaction to the next.This is something I would definitely be talking to a RE attorney about, like tomorrow.As a side note, would the buyer be willing to renegotiate closing date to give you time to set up the 1031 exchange logistics?

Thanks Mark and Tony!

-Tony

-Tony