Section 721 of the Internal Revenue code allows an investor to exchange property held for investment or business purposes for shares in a Real Estate Investment Trust (REIT) or an Operating Partnership without triggering a taxable event.Many investors are aware of a 1031 Exchange where an investor must find a replacement property to defer capital gains taxes on the property that was sold.

I’ve always held deposits for my other properties.

That said, if the tenant caused damages, the tenant can be held liable for the repair costs.

Ok, where  are the REIA meetups and/or Real Estate investor meetups held in Black Hawk County?

There is. so what is the name of this conference and where is it being held ?  

It is amazing what the wealthy pay to just be held accountable and get some mentoring from similarly successful people.Back to the mentorship…I have never paid close to that amount for training or mentoring.  

The seller has countered with the following conditions:- Loan to value (LTV): 80%- Earnest money held by seller's recommended property management company- Final inspection within 1 day of closing- Commission paid by to buyer's agent is 2% of final sales price.I'm seeking advice on how to proceed, as I have some concerns:- Why would the seller request an 80% LTV?

Although if really needed, you could borrow against 401k, up to $50,000, not to exceed 50% of balance. 3) You have less money in your bank account for real estate, and instead held in a retirement account that only allows for stock market based investments. 

Those cost in terms of lost rent, but also cleaning out the stuff that was left behind.If your place is managed by a PM, expect a 1 month vacancy (only once I have had no vacancy with my PM manage places, and once I had 2 months as they messed up and held it for a person-friend of the owner-who didn't put down a deposit and then they dropped the ball). 

One for 6 of my properties and the second card for the 7th property that is held in a partnership where the finances need to be kept separately.