They also do not recognize the 1031 exchange. 

If next year, I decide to 1031 exchange this rental property into either one or two investment properties (equal or more in value) would the amount used to pay off the HELOC be subject to capital gains tax? 

@Mike Dorneman I also suggest that you ask your 1031 exchange accommodator, as they do 1031s all the time.

Is this a new improved 1031 exchange?

We held it for 3 years before selling it and completing a 1031 exchange (more on that later).

Sure looking forward to exchange ideas!

@Jon K.Yum champagne and OJ sounds great.I sold 2 St George UT properties and 1031 exchanged to buy 4 STR cabins in Gatlinburg/Pigeon Forge area.

hi BP,I recently bought some foreclosures from the county's forfeited land sale in Ohio (no redemption period), as you all know, the title is cloudy so the strategy is to rehab and hold to rent. However, I do not have...

Over deliver what they are expecting and be quick to take care of any issues or complaints and you will get there.The first year can be a buildup to get to where you need to be.Maybe have some friends stay their cheap in exchange for a great review and an honest constructive critisism.

I am looking to leverage my equity some by selling some paId off single family homes I have and 1031 exchanging into bigger multifamily complexes.