As for title, you need to 1031 exchange under the same name as the relinquished property.

You also loose out on any value add in exchange for “turnkey”.  

The market in Indy is less saturated compared to Texas, making it a great option for newcomers looking to build a solid portfolio without facing the intense competition.Feel free to reach out if you’d like to chat more about strategies, market opportunities, or just exchange ideas.

Sometimes it will seem great, but then it gets it horribly wrong with confidence.While most exchanges are relatively vanilla, using an experienced QI and tax advisors in the process is well worth the avoidance of blowing up a 1031. 

Example: A property was sold in a Sec. 1031 exchange for $1 million.

Whether you're in real estate investing, development, or just starting out, I’m excited to collaborate and exchange insights.

In exchange, I’m more than willing to help with tasks such as guest communication and messaging.

Receiving payment in exchange for space is considered income.The good thing is that you likely have expenses to offset the income.Best of luck

How the money is distributed at closing doesn’t change your tax situation unless you did something like a 1031 exchange where you would not actually receive any money - the money would go towards another real estate purchase - to which there are a lot of rules. all the best!

Networking with other investors is key, and I’m always up for exchanging ideas and learning from each other’s experiences.Looking forward to connecting and growing together!