@John Galang I agree, many investors end up executing a 1031 exchange down the line, but then they've likely held the prop for a long time, built up equity through tenant paydown and are ready to leverage that capital into a larger portfolio.

This way you enjoy a year of cash flow (if your numbers are actually what you predict), then 1031 exchange into something that cash flows better, like multifamily outside of Nashville. 

My parents own a 1031 Exchange, single tenant property and the lease is coming to an end.They purchased this property years ago and they have used it for their retirement income.They've asked me to handle the property for them and I'm not sure how to proceed.Does anyone have any experience renewals involving a 1031 exchange, single tenant property?

I'm not very good at the app yet lol please DM me so we can exchange info

I'm more interested in the buy and hold, or if the market trends well take advantage of the 1031 exchange.

We do not plan on actually exchanging any money for the “sale” to the LLC.Is this really a “sale” or is it a transfer or is something else?

More importantly, he owns a triplex which is now valued upwards 650k, which I want to 1031 exchange for something bigger that produces more cash flow.

In exchange you would partner up on all the wholesales and provide access to your cash buyers list as well as get first look at any deals! 

If it truly is an investment property could you do a 1031 exchange to defer capital gains and have even more cash in hand for a down payment on a multi-family?

How big of a concern is the “step transaction doctrine” (assuming one refis close to the exchange)?