Quote from @Anthony Maffei: Quote from @Jonathan Soto: i have done a 1031, i can connect you with my contact for you can discuss and prepare accordingly Appreciate that.

If you've done all that, its not too hard to enter the info into a tax preparation program.

It's important you understand this, be prepared, and expect that going in.

To maintain control and avoid being locked into larger deals, consider directly owning replacement properties or exploring a partial 1031 exchange while carefully structuring syndication investments.This post does not create a CPA-Client relationship.

Hi everyone,Last week, I was pulling rent comps to prepare renewal offers using my typical process: starting on Ręntometēr or Rēntcast for a rough idea of recently removed comps, then manually researching on platforms like Zillow, Apartments.com, and Facebook Marketplace.

Small details like a handrail on stairs or window locks can cause your unit to fail an inspection, delaying the start of rent payments.

This year I received a bill from the PM with the following line items and costs: - Bathroom 1 : Shower/Tub Caulking | Re-caulk tub- Bathroom 1 : Toilet bolt caps | Missing bolt cap- Bathroom 1 : Window Covering | Missing miniblinds- Bedroom 1: closest to the front door : Door/Knob/Lock | Door know needs tightenedNeeds deadbolt installed- Bedroom 1: closest to the front door : Window Covering | Broken miniblinds needs repaced- Kitchen 1 : Wall/Ceiling | Pull nails and spackle- Living Room 1 : Wall/Ceiling | Nail and holes in paneling- Living Room 1 : Window Covering | Miniblinds need repairedLine ItemsDescription AmountMacomb Glass Invoice $40.99Sherwin Williams Invoice $40.60Walmart Invoice $62.37Total $2,271.271 of 2Ace Hardware Invoice $82.93Ace Hardware Invoice $28.33Ace Hardware Invoice $42.50Macomb Glass Invoice $188.58Walmart Invoice $135.30Ace Hardware Invoice $65.19Ace Hardware Invoice $9.78Shop Supplies $3.00Labour hours 24.18 @$65 rate $1,571.70Total $2,271.27This is a very small, one bedroom apartment in a fourplex. 

You might want to get in touch with @Andrew Freed and Jonathan Bombaci, they are locked into several of the MA meetups which are great ways to connect with other investors in real life.

@David Robertson Being a wholesaler might have helped you with industry relationships but by no means prepares you to invest the money of others.

With the right due diligence, this could be a valuable investment, but only if you’re prepared for the legal and logistical hurdles.Good luck and blessings!