It's called a 1031 exchange which refers to Section 1031 of the IRC which states: “No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment, if such property is exchanged solely for property of like-kind which is to be held either for productive use in a trade or business or for investment.”To be clear, there is a process and time limits on when benchmarks need to be accomplished to qualify.

MA recognized the 1031 and we didn't pay any capital gain in MA.  

Maybe the next deal after they have proven their worth, you can increase their share of the deal.

Looking forward to the pros for advice and any proven companies that you guys recommend:-)Thank you,Sk

And Airbnb seems to recognize this as they have shifted their early total opposition to a more collaborative approach in recent years.

However, I have no money, no knowledge of the market or how to realistically approach a deal, and I couldn't appraise a home or even recognize a good deal if I found one.

However, I have no money, no knowledge of the market or how to realistically approach a deal, and I couldn't appraise a home or even recognize a good deal if I found one.

Yes the current back yard has proven to be too big for any one tenant to maintain anyways, so I like your idea of blocking it off so the boundaries are clear from the get go.

However, we might be able to work a seller financing deal, so hope is not lost.End of year goals: Acquire 5 more unitsWholesale 3 dealsLaunch 1200 person DM campaign2 Year Goals: Have 50 total unitsBecome a well recognized name in Real estate in my areaOwn a vacation rental in Costa Rica5 Year Goals: Acquire 200+ units within 2-4 buildingsBe the name people in my area think of first when they want to do anything real estate relatedHave 10+ vacation rentals operating in South America, Virgin Islands and S.E Asia

This is described as:The foreclosure effective date represents when an official legal document or action is accepted by the county office recognizing that a loan has entered a particular phase of the foreclosure process.