The 1031 exchange rule to defer your tax is two part 1) reinvest all your proceeds and 2) purchase a property (or properties / DSTs/TICs) with an equal or greater market value.  

If you decide to sell and find an investment property with a greater cash flow potential.A 1031 exchange would allow you to indefinitely all of the tax and use it to your advantage to reinvest into larger nicer property/properties.

Let’s Connect and discover ways to Work together, exchange Ideas, and create Value for each other’s Goals.Thank you, and I look forward to hearing from you!

To see how much a 1031 exchange will benefit you in a sale you must first calculate the performance of your current property.

And you don’t have to pay it back when you sell, you do an exchange.

I’m also buying a single-family home in the East Bay (Fremont or Tri-Valley) and would love to find off-market deals.I need a realtor with strong investor connections—someone who works with 1031 Exchange buyers (to sell my condo fast) and has access to off-market homes in Fremont/Tri-Valley.My Questions:• Since I’m selling at a loss and the agent would be handling both my condo sale and my next home purchase, how should I negotiate a better commission structure?

This day in age just a simple phone number exchange is how I do business. 

The agreement of forbearance or modification should have the borrowers knowledge that they are in default, that they understand that the lender is forgoing foreclosure at this time in exchange for the deed in lieu, and that the borrower is represented by legal counsel.  

I’m currently active on BiggerPockets to connect with like-minded investors, exchange ideas, explore potential opportunities, and provide opportunities through my network to collaborate with others.

A couple of follow up questions. 1) After the 1031 exchange, and then after the follow on 721 contribution, I own an interest in a partnership held by the UPREIT.