RISKSPrivate Letter Rulings There are three (3) Private Letter Rulings (“PLRs”) that address this 1031 Exchange structure, which are as follows: Private Letter Ruling Number 2014-08019Private Letter Ruling Number 2003-29021Private Letter Ruling Number 2002-51008PLRs can only be relied upon by the individual taxpayers that requested the PLRs.

If you are interested in becoming a vendor you can find the vendor paperwork package on our website and submit it to Jade@ - end is the same as my e-mail address below.

It might be worth it to try to source a property that's off market or via a wholesaler that needs rehab so you can build in equity.

If you completed rehab, there may not be a seasoning requirement.

I'm curious, how much rehab work did you have to do on this property? 

Your construction skills can give you a significant advantage, allowing you to save on rehab costs or even flip properties for capital.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

This gets addressed multiple times each webinar.  

We are direct lenders, meaning we lend our own money, for flips within approximately 1½ hours of our home.We walk through every property to avoid surprises and to confirm the rehab estimate.

And how much rehab are you willing to do?