The IRS has challenged simultaneous "drop and swaps," so allowing some time between these steps is advisable.You hit this right on the head with your answer with TIC.You could also potentially do a Exchange Post Distribution (Swap and Drop).

The seller said this is in a gentrified area so there's potential to rehab this effectively and get a high payout as shown in the last comp.

Ensure you fully understand the fees, interest rates, and any potential prepayment penalties.4.

We’ve started talking about the potential for collaboration, particularly to reduce construction costs by building simultaneously.

So we don't even have an approved inspection much less a lease with this potential tenant.

Regulations & Compliance: What's the best way to research local STR laws and avoid potential regulatory issues?

Since your basis was incorrectly set, you may be able to deduct up to $25,000 in missed depreciation, potentially reducing your 2025 tax bill by $7,500 at a 30% tax rate.

Hi Michael,I agree with Bruce that rephrasing other people’s content can be risky, as it could potentially lead to plagiarism issues, and it doesn’t establish your business as an authority in the field.

Additionally you can do a cost segregation study and get a lot of depreciation benefits to offset the rental income (and potentially other income).  

She’s currently not paying rent, and while she has some health issues and no stable income, she’s been communicative and open to general talks, with a possible option to vacate through a cash-for-keys arrangement, though this might take around six weeks and some hard work.I plan to rehab the property and eventually rent it out, potentially to a Section 8 tenant.