@Dave Foster ?

@Dave Foster can tell you for sure but I believe you’d be okay on any “gain” realized from the sale of the replacement property but you would still of course owe taxes on the gain from the sale of the first property, that were deferred.

@Dave Foster thanks for clarifying the 1031 exchange.

My name is Bradley Miller, and I am the Marketing and Business Developement Manager for Jamison Management Company and TMC Property Management, overseeing a diverse portfolio of properties in both the South Bay area of California and the Tulsa Metro area in Oklahoma.With a strong passion for real estate and marketing, I have dedicated my career to fostering positive client relationships and enhancing the tenant experience.

Quote from @Brandon Foster: I love the idea.

Listen to @Dave Foster and 1031 those two buildings into a multi-family building. 

Quote from @Dave Foster: @Daria B. those types of metrics will be treating both the cash from the 1031 and the cash from you as inflows. 

(Get a QI like @Dave Foster involved BEFORE the sale.)

Thank you, @Dave Foster.

Quote from @Kamari Foster: Hi everybody my name is Kamari.I live in Ohio and plan to buy my first house hack by the end of this year!