So, maybe you sell a $50 massage gift certificate for $45 but pay the massage business $40 for it and make $5 in the middle.

Now we are keeping 4, - 5 out of every 10 we get, All the best 

Once you sell the first property you have 45 days to identify a replacement property and 180 days to complete the exchange and have taken title to the replacement.

If he would just be doing the rehab work on the house (I am the money, property finder, everything else in the process) would you think it would be OK to offer a 60/40 split or 55/45?

Often times we have deposits sitting in checking earning nothing waiting for bills and these deposits from business are now lowering your daily balance- or high income W2 earners seeking a way to put every cent they have available to be put to work against their mortgage, prior this strategy didn’t have as much merit since rates were so low in 2020- mid 2022 but lately with short term money getting 4-5% returns its becoming even more effective

Looking to finance a 2-4 multifamily property to purchase near West Palm Beach, FL (or within a 30-45 min drive).Been looking on MLS, Crexi, Loopnet, etc. but either the properties aren't good (too expensive) or the people don't respond.

Sidenote was on a call with five individuals yesterday who I speak with once a month, 4/5 are invested in a real estate syndication and everyone is going bad.

Or is 1031 not even required to keep tracing - like if I don't identify a replacement within 45 days? 

Another thing to be mindful of if you use a bank/commercial lender is the pre-payment penalty many include in their loans if you choose to refinance (many have descending penalties in years 1-5 that can start upwards of 4-5%).

We are a family of 4 (45/40/6/9) in Bergen County, NJ and interested in buying a beach front condo in Wildwood Crest, NJ.