1031 exchange sounds good in theory, but you need to do it in an area and at a time where there is inventory to choose from because once you identify the three properties, you have to close on one of them which is very difficult in a competitive environment.

Respectfully,Sandy

Respectfully in disagreement,Scott "the Note Guy" Carson

With respect to hiring a PM, I respectfully but very strongly disagree.

Again, I am NOT an intermediary, CPA, nor attorney, but it's worth asking a few questions to those respective professionals.

Hello @Kenroy Bernard & Thank You for your service to our country.Great advice on here so far especially in respect to networking.

But the 199A is scheduled to sunset in 2025 under the TCJA unless made permanent.It wouldn't be uncommon for some investors to only realize taxable income on 40-50% of their dividend distributions in today's current environment (I have seen this personally).You asked about fees, so one quick comment.

For Canadians seeking to tap into the market in the States, the way the LLC is arranged creates a challenging tax environment and basically leaves you limited return. 

Ice noticed that Co-living works best when tenants feel respected and connected, which helps with tenant retention and word-of-mouth referrals.

VanGundy by name, or by their respective businesses on the site.