@Michael ClardyThere are two experts to talk to, a CPA that knows real estate and a Qualified Intermediary (QI).

Quote from @Josh Otero: Hi BP community, I know you've got some crazy tenant stories and I want to hear it.I'll go first:1) I was managing a 5 story apartment building and a dog fell off the 4th floor balcony because of the owner not paying attention.

Syndications in general are a form of speculation  hoping luck is on your side with a specific market, a specific project and a specific syndicator.

I'm in the same boat for reference- I bought into the "buy now, refi later" idea and am sitting on a 7.375% on my latest property acquisition and a commercial line of credit I have is at prime + 1 (so 8.5%).

Cash snowball and a buy hold.  

Hey @Keagan Scott, so I don't have any insight into Gary, IN but here is a blurb -"Those looking to rent out their properties for less than 30 days (about 4 and a half weeks) will have to get a permit, pay a one-time $150 fee, and have a city business license.

Hi so we have one primary residence with about 400k equity and a rental property what about 300K equity.

How could you not like the Cavs right now, they're the best team in basketball and a lot fun to watch.  

There are a lot of possibilities and a lot of ways to make money in RE.  

Consulting a 1031 exchange accommodator and a CPA ensures compliance with IRS regulations and minimizes unintended tax liabilities.This post does not create a CPA-Client relationship.