Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Seth Choate.

The contribution of your exchange property into an entity at his point in time will not jeopardize your 1031 Exchange transaction since you have such a long holding period (seasoning). 

Yep there is are also Opportunity Zones for failed 1031 transactions

One more question - why would I need a business bank account for WY LLC is that one is not doing any transactions?

As with any real estate transaction, it's crucial to have clear agreements and legal counsel to navigate the process effectively and protect your interests.

Mike -Forming an LLC is a good legal best practice to house a RE rental and would be a Schedule E transaction for you.

She plans to do the transaction within an LLC and is unsure in which state to create the LLC MA or RI or if it even matters.

Lender now offer up to 85% financing for investment property transactions.  

I'm a licensed Realtor who represented myself in this transaction and I negotiated a $15k seller concession I used for a 1-0 buy down so my rate for 1 year will be 5.99% and then revert to 6.99% for 30yrs. and then we used the rest of the concessions for closing costs. in 6 months or 12 months I will revisit to see if mortgage interest rates dropped significantly to justify a refinance to lock in a lower interest rateone more question.

Just wanted to know if anyone have used a title company that know how to close wholesale deal or assignment transaction?