If you're interested in hearing more about investment opportunities in Indianapolis and Kokomo, feel free to send me a message. 

I'm 18 years old and eager to seize all the opportunity life sends my way.

Currently we are seeing STR owners posting for sale due to reduction in prices they can get per night and the vacancy rate increasing. 

There are plenty of paid opportunities. 

The 1031 must be a sale of investment property followed by the purchase of investment property. 

Figure out what your property taxes will be at the new sales price.

You might get these days 60% leverage so you'll likely need 40% down payment plus reserves and the financial institutions will want you to keep those capital reserves in their institution.If you are a new investor, there's a couple of opportunities to get started. 

This is the richest country in the history of the world and there are opportunities everywhere.

It will be about 3% of tax value which is the sale price in a recent sale.

@Leon G. whether or not you decide to go fsbo or use a realtor you'll need to use a QI to perform the 1031 exchange for you if you want to tax on the gain from your sale (and depreciation recapture).