To defer all of your gain, you'll want to trade up in value, replace all the debt (meaning new properties have at least $350,700 of debt), and not take any cash from the exchange (this is boot which = taxable gain).As for replacement property, it just has to be real property - meaning it can be commercial, STR, land, etc!

Property TypeUnderstand the different types of multifamily properties:High-Rise: 9+ floors with an elevator, often urban.Mid-Rise: Smaller than high-rise, usually with elevators.Garden-Style: Low-rise apartments in suburban or rural settings.Walk-Up: 4–6 stories without elevators.Manufactured Housing Communities: Mobile home parks where land is leased to homeowners.Special-Purpose Housing:Student Housing: Designed for college students.Senior Housing: Dedicated to older adults.Subsidized Housing: Affordable housing supported by rent and income restrictions.3.

It is a mobile home that sits on its own land.

Land priced right, zoned correctly, market analysis great and potential competition low.  

But if you were to use it as an air bnb or ir it is raw land that you can generate income from by farming or renting out to farmers or grazing that would certainly work.

Long story short, he ended up buying a worthless piece of land. 

Make sure you know the impact that adding an ADU will have on any rent control. 12) investors seldom include the land value in the overall ADU costs.

I recently helped a first time investor by a great home up near Benders Landing in Spring for their first rental. 

Let’s look at the data.How many mailers, calls, or texts do you need to send to land a single deal?

Alternatively, I have spent the last decade doing technical work in cybersecurity, and can land a job between $140k-$190k (depending on where in the US).