Transferring a 1031 exchange property into an LLC shortly after purchase typically won’t trigger immediate tax consequences for your wife if the LLC is a disregarded entity, as you file jointly.This post does not create a CPA-Client relationship.

If you do pull the trigger and buy something, it's likely going to get worse in the first 3-6 months after closing.

Hi @Ramada Evans - I recommend doing a bit more homework on the deal before deciding to pull the trigger.

What are things I should take in to consideration on my first deal.Would love recommendations for investors friendly agents and property managers.Thanks!

I believe that within three years, rates will be much lower, and you can refinance.Another consideration is that once you get a property under contract, you should immediately shop around for better rates.

🎯 I get it, though—pulling the trigger on the first deal feels like stepping off the ledge.

Assessing how critical this location is to their expansion plans is essential.The Investment Considerations Lease Expiry: With five years left on the lease, your strategy should account for potential vacancy risk.

What are the permitting considerations to add more bedrooms and change the use of garage?

Even then, if you've built up enough carry-forward losses, a nice capital gain may not trigger any taxes to be paid. 

I was considering pulling the trigger myself to be honest.