My goal is to learn from experienced members, exchange insights, and build connections with like-minded individuals who are passionate about growing in the real estate market.

1031 Exchange from the sale of 32 units on Jennifer Jean Drive.

I’m always happy to exchange ideas and insights.

If you ever want to chat about strategies or exchange insights, feel free to reach out!

And the rest can be deferred indefinitely in a 1031 exchange. 

Could you merge LLC-B and LLC-A before the sales process and do a cleaner exchange? 

I’ve been in real estate awhile, and I’m always looking to connect with people across different markets, so I’d be happy to exchange insights!

I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (and thus qualifies for the sec. 121 primary sales tax exemption of up to $250k for single filers) vs the time it was being rented (which qualifies for 1031 exchange) and claim both benefits. https://hcsequity.com/blog/combining-1031-exchange-with-121-....How does this work for a multi-family?

He said he was doing his exchange through TIC 1031 Exchange.

The bank is giving you all the money to purchase and all the money to renovate in exchange for just 3.5%.