A 1031 exchange allows you to defer not only the capital gains tax but also the depreciation recapture tax, which can be at a higher rate.If you have any further questions or need assistance with your 1031 exchange, feel free to reach out!

If you need any assistance don't hesitate to reach out.

Feel free to reach out if you still have questions.

I pull pretty solid lists, I find a lot of my deals off market, just thought I could reach more if I have a few full time callers on the phones.While i'm at it, how are you guys finding good deals in today's world?

Quote from @Mike Sfera: This depends on the PM that you are speaking with when you reach out.

We're part of STR Secrets so if you've been checking out that group feel free to reach out!

However, when seeking a non-recourse lender, I suggest starting by reaching out to lenders who specialize in working with self-directed IRAs, as they’re more likely to understand the requirements.

Wishing you the best on your journey, and feel free to reach out if you have questions along the way—this community has a wealth of knowledge!

I will be sure to reach out to you and follow up. 

Although the tenant initiated the payment on 12/31/2024, the funds didn’t reach your account until 1/6/2025, making it 2025 income.