Hi all, My relative wants to combine their $500K personal exemption & a 1031 exchange to liquidate their rental properties without paying taxes, but they are worried about missing the180-day time limits for the 1031 exchange, so they want to involve their son-in-law (SIL).

It is DSCR based and no personal tax returns are required to qualify.

You’ll be surprised how many people are afraid to offer 10-15% off asking when the buyers would at least entertain such an offer. 

We have a mixed use apartment/commercial property for sale where the owner would entertain seller financing.

I understand that each person's situation is different and unique and can appreciate the insight you all offered. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $172,000

Cash invested: $43,000

We purchased this rehabbed home and added a privacy fence, removed overhanging tree...

@Rachel Weiss when a person goes to a surgeon, what are we paying for? 

Some neat shops and bars there, and a brand new fishing and entertainment pier is scheduled to open this year.Congrats on your STR in Savannah! 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $172,000

Cash invested: $43,000

We purchased this rehabbed home and added a privacy fence, removed overhanging tree...

The one who thinks that they are masters of the universe in EVERY area of life, has 30 different businesses, claims to be fit as a fiddle, with a life in perfect harmony, shows off huge toys, has 30 different businesses, including selling their time by the hour to provide coaching... this person is not running a real estate syndication business.