I’m still learning the ropes of property management, so I really appreciate the opportunity to exchange ideas.At our property, we have a structured screening policy influenced by the Federal Fair Housing Act since our location falls under its scope.

AND, if you ever sell without a 1031 before you die you’ll probably end up paying higher taxes in the end.

Hi,Definitely interested in learning more and exchanging experiences about the Portuguese RE market.Regards,Rui

Some buy to park money, others do 1031 exchanges or they simply buy them for a tax write-off. 

Obviously past results are not necessarily indicative of future performance, but it seems like a great investment for accredited investors to get a low-risk, solid return in exchange for some illiquidity.

(They both shrink your pool or buyers and combining them really shrinks the pool.)Assuming you don’t plan to do a 1031 exchange you’ll also pay higher taxes if you can’t spread them over two calendar years, but not much. 

@Julian Martinez The good thing about your position is that if you decided to sell the property you can qualify for the 121 exclusion, and qualify for a 1031 exchange.

This could involve offering a higher interest rate in exchange for reduced upfront costs or deferring payments until a certain milestone.If building right away isn’t feasible, consider buying the lot now with the goal of paying it off over time, and save up to build when rates and budgets align.

Is there a way for us to exchange information?

Consult a tax professional to understand future implications.1031 Exchange: If you sell this property later, you can defer capital gains taxes by reinvesting through a 1031 exchange.4.