. - tax benefits, can 1031 exchange (kick the capital gains tax can down the road for years until you die)- generational wealth and step up basis (if you die, the value of the property is stepped up to current market value for your heirs.

I am currently waiting on a rather large legal settlement to hopefully hurry up and get him his $16,000 or if we can find someone to go ahead and pay him off early (no prepayment penalty), which would be hopefully paid off sooner than later as well in exchange for a secured lien on the property plus repayment of the $16,000 plus interest short term.

A crypto exchange going bankrupt? 

But the rules of the 1031 exchange will let you accomplish what you want without doing that too.

I sold my least favorite multi unit a couple of years ago and exchanged it for a 2 BR rental in AZ.

An agent of the taxpayer cannot act as a Qualified Intermediary and will disqualify the 1031 Exchange.

A 1031 exchange is a great way to indefinitely defer the tax and use it to grow your RE portfolio, and build long term wealth.The most important factor in a 1031 exchange is that your qualified intermediary must be in place prior to the closing of the sale of your old property.

I’m not an attorney or CPA, so I’m not giving legal or tax advice, but I’ve watched clients navigate 1031 exchanges by leveraging well-connected property managers and specialized lenders who understood the local quirks.

Some report bitcoin has two values ( intrinsic) storage and exchange.

Main questions should ask about the seller's:- Reasons/Motivations for wanting to sell- Desired timeline to close- Plan's after selling (relocation, reinvesting proceeds, 1031 exchange, etc)- Back-up plan in case they are unable to sell within the desired timeline- Reasons for not already selling to/with a investor or RealtorAdditional questions will depend on the type of seller lead i.e. pre-foreclosure, probate, fsbo, absentee owner, etc.Here is an example of a youtube search you can use to begin finding call recordings.There are 1,000s and you'll find that the best/most effective ones don't even sound like sales calls.