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

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

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

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?

A second message came today suggesting it might be easier to chat via email:Hi Ryan,How about we exchange information through email, so it would be easier?

Are you wanting low fees or no fees in exchange for less training?

If the answer is NO, then sell and execute a 1031 exchange into the next asset. 

Whether you’re actively investing or just looking to network and exchange ideas, I’d love to grab a coffee or hop on a call.