@Cody Sims A 1031 Exchange requires that your Dad, the taxpayer, purchase a Iike kind property.

@ Robert Sims thank you, how long is the redemption period in TX?

Quote from @Taegyun Lim: I consider the business form of LLC vs Self-Employed to do rental business.

Originally posted by @Jade Sims:@Frank Patalano.

Quote from @Ken Lim: I invested $100k with Open Door Capital run by Brandon Turner in the summer of 2023 in the Texas Three Pack.

@LeNelle Parker-Sims welcome, but understand we like to have a little fun with newbies that intro themselves like this is a dating site:https://www.biggerpockets.com/blog/2015-04-01-biggerpockets-love-dating-site-real-estate-entrepreneursPlease ask specific questions we can help you with!

Hey @Rachel Sims,Welcome to BP!

I say you don't need to consider security cameras (or even trail cameras)- but you could put fake ones out or if you had wifi on site o(r wanted to go the sim card/monthly route), that's not an expensive option either.

@Sehyun Lim  I'll send you a DM.

Same thing for cameras: I like old style trail cameras with a memory card (for rural properties personally) but if you have wifi onsite, or if you're willing to sign up for monthly fee (services for $5/month and up) the ones with a sim card are getting really affordable nowadays too.