Banks and credit unions can also offer flexibility for investors that engage in strong relationship-building strategies, offering discounts and solid loans in exchange for borrowers willing to use the institution for other purposes (savings accounts, etc.).

Just be ready for the challenges of managing properties remotely, which may require a property manager.Tax StrategiesSince you’re selling a primary residence, a 1031 exchange won’t apply, but you can still use the capital gains exclusion.

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