Since these sub 2 transaction to you and me are simple and we fully understand they them mr mrs  it.. probably does not understand the gravity of the situation and that they should not be selling this way as the risk is far to high in most all cases.

Pick one that is commenting on your specific situation and DM them.

I'm seeking some insight and advice on navigating a situation with a duplex we are closing on in a few days; one unit is vacant, and the other is occupied.

Here is my situation I grew up with slumlords my parents paid all cash for thirteen properties.

When something unique comes along, like the COVID-19 eviction moratorium, I had no problem navigating the situation because I am used to thinking through difficult situations, finding solutions, and pushing forward.

I’m from the Syracuse NY area and am in somewhat similar situation as you concerning being an agent and looking to start an investing career.

But this will alienate legal citizens living in severe poverty.....Tough situation...could've been easily avoided.

The property is situated immediately west of the 405 freeway north of Manhattan Beach Boulevard, and it checks several boxes for institutional capital as this buyer profile continues to be drawn toward infill locations in coastal markets.After eight quarters of declining transaction volume, 2024 may see an uptick in sales velocity if the 2008-2009 commercial real estate downturn serves as a guide.

Has anyone encounter this situation before and how did you go about it?

It is important to consult with a tax professional or attorney specializing in 1031 exchanges to ensure that your friend's specific situation and intentions comply with IRS regulations.