It’s possible, but I wouldn’t advise it.

@Andrew Albritton Yes, a 1031 exchange is possible, but since your in-laws are related parties, both you (the buyer) and they (the sellers) must hold onto the exchanged properties for at least two years to comply with IRS rules.

I have a few options in play right now for my goal of adding another property to my portfolio this year, it seems like the Chicago market is yelling at us to invest into single family homes in B+ areas.

Quote from @David Cooper: Quote from @Lauren Sanford: Quote from @Jim Rice: Lauren, really just trying to put together a group that would what to meet up if possible and share education, information & build relationships.

In that case, Carlsbad is buzzing with possibilities thanks to California's evolving zoning laws.

@Jim Bice that's a real possibility they will vandalize it.

Bright MLS Chief Economist Lisa Sturtevant said it best: these incentives played a huge role in boosting new-home sales.

(43.75%)I feel like some of you are not understanding what I am actually asking...very possible im not asking properly... 

There are ways to mitigate the costs and protect yourself to the extent possible.

I'm always looking to add more and more just to possibly make it more comfortable to prompt great ratings.