If 1031 is to be implemented it must be done on the property level.2. 1031 generally does not apply to IRAs since they are tax-exempt. 3.

@Byoung Bae would NOT recommend an inexperienced investor try to DIY manage OOS anything other than a Class A rental.The odds are against you and you will statistically lose a LOT of money.Read below for some friendly advice:-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Its risky but risk can be mitigated.In case anyone is wondering how this applies to real estate, my goal is to raise 100k for my dream of building a short to mid term rental on land I have already purchased in Northeastern IL in the style of FLW usonian homes.Cheers folks! 

As long you have a valid working visa to work in the states, you will still be able to apply a loan 

The builder offerred $15,000 credit to be applied, however you wished EXCEPT can not be used for price reduction. 

They do not take everyone who applies, however, it has much more to do than with just your portfolio.

A 1031 exchange doesn’t apply, but funding through a self-directed IRA can defer taxes, though profits from debt financing may trigger UBIT.To reduce taxes, consider forming an LLC for better expense deductions, offsetting gains with investment losses, or holding the property for 12+ months to qualify for lower long-term capital gains rates.This post does not create a CPA-Client relationship.

The principles of diversification apply to both!

Not that it cant or wont, but unlikely.If OP applies for homestead on a new property, then I personally would not lie during the application about receiving the exemption on the existing property.

If so, you will need to apply for a change of number of bedrooms on the standard CHA rent increase form.