RISKSPrivate Letter Rulings There are three (3) Private Letter Rulings (“PLRs”) that address this 1031 Exchange structure, which are as follows: Private Letter Ruling Number 2014-08019Private Letter Ruling Number 2003-29021Private Letter Ruling Number 2002-51008PLRs can only be relied upon by the individual taxpayers that requested the PLRs.

Use caution when borrowing against your stock portfolio, especially if it's a high volatility portfolio comprised of individual companies.

Hi BiggerPockets community,excited to connect with like-minded individuals who are passionate about real estate investing.

Additionally, add in the ambiguity/risk of the due on sale clause or ramifications on the conventional loan of transferring the property from your individual name to an LLC - the economics don't make sense, and the headache isn't worth it even if it did, in my opinion!

So the question becomes based on their individual and personal tax situation what is the estimated tax burden they'd save? 

Very unlikely unless you find a private lender/individual to do this as a one-off. 

They will say they can teach you how to fire your boss in 6 months if you pay them for a 20k course.

This is a fine needle to thread because at this size, you very quickly start competing with high net worth individuals who are seeking summer homes. 

Sent you a message, regardless would love to connect with like minded individuals in Northwest Arkansas like yourself!

If you are in the CLT area and are looking to connect with othr like-minded individuals, I would love to grab a coffee with you!