Do we need to go through the whole condemnation process to qualify the transaction for a 1033 exchange?

I have a couple of funding options on the table and I’d love to hear your thoughts:Funding Approach: I have capital partners who are willing to fund 100% of the project in exchange for 50% of the profits.

In exchange, I have first rights to sell the property through a power of attorney. once it sold, the seller get his agreed price, and I get the rest.

What precisely went wrong?

A 1031 exchange would use all of the tax in the purchase of your next property.

@Aleksandra DrovalI'm not sure what statistics you're looking at but everything I've read and heard shows exactly te opposite, that hotels are losing to Airbnb precisely because of the experience.

I’m excited to exchange ideas and see where we can take your portfolio!

paid cash from a 1031 Exchange How did you add value to the deal?

I'm currently planning to purchase a commercial multifamily building in Chicago with the proceeds of a 1031 exchange.

@Bayo Badejo Agreed, that Zip touches a lot of different areas, from the national park to south of exchange.