Doing a 1031 exchange and buying a personal house.  

So, this is about your feeling about that exchange (communication) as they have not yet failed to perform what they promised since it isn't mid October yet.

🤝 Fill in the blank: If I could make a great connection with someone who is an expert in _________ at BPCON2024 then I would leave BPCON happyValue Add, International Investing, and/or 1031 Exchanges🗓️ What session are you most looking forward to?  

I would also love to connect with other investors in the area and hopefully get to exchange some ideas.

Last year, I completed a 1031 exchange, where I exchanged that rental property for two new residential rental properties.

1031 exchange if you don't like the property, the location, the returns or you are out of depreciation.

I'm always down to exchange ideas and help each other grow.

This is a common question among real estate owners.Let's dive in:The reality is that wealthy families often pass on real estate assets from generation to generation.For example, if one generation has an RE entrepreneur who amasses $50 million worth of real estate, that portfolio can generate enough cash flow to support multiple future generations comfortably when passed on.So, what happens if that initial investor built their empire by rapidly depreciating assets and using 1031 exchanges to lower the basis and defer taxes along the way?

These LLCs are both owned by the same two people, so there would be no money exchanged.  

Im planning to 1031 exchange and pick a STR in blue ridge?