However, rates have since moved upward.A 30-year fixed rate mortgage is once again sitting around 7% interest:The real estate industry hoped 2024 would see a recovery in which mortgage rates fell and home sales climbed.

For example, if $100 buys a basket of goods today, in 10 years, with a 5% average inflation rate, you'll need $162 to buy the same items.

You'll find that interest rates will vary from bank to bank. 

Then hopefully we have a 3-4-5 year window to increase rates. 

Raising the rent to market rate is not discrimination.

These are the different properties that are included in the 1031 exchange requirement: commercial buildings such as offices, schools and different establishments that are important for the population, as well as single family rentals, multi family rentals, industrial facilities, and even raw lands are included in the like-kind.

Is it to lower rate?

Meanwhile, a regular 1031 can be less complicated to manage if your main focus is simply deferring gains.Considering how property values and financing rates have shifted these past months.. do you think an OZF might be a better strategic move than a 1031 in your situation?

It's near Lincoln High school and about a 2-minute drive from 18th and vine. 

Alternatively you can do the LOC (line of credit) on it so you can retain the home but are definitely subject to today's current rate environment.