It would be great if there was a Bigger Pockets Summit or conference that would give everyone a great excuse to come together and exchange ideas in person.

BUT the appreciation in the area allowed me to sell (to a rehabber) at a good profit and do an exchange into a much larger (and way more profitable) property in Ohio.4) I started 12 years ago- don't know if that qualifies as longterm?

Calculations that are 'precise' are not necessarily better!

In exchange they get to show off their passion and explain why they do the things they do.

I would consult a 1031 Exchange expert in your state.

AND when you eventually take it out, all earnings will be treated as ordinary income, meaning you will pay MORE taxes than if you bought it outside of the IRA where you get the cash flow and receive a huge tax benefit through depreciation expense and 1031 exchange rules (upon selling).So buy that sucker with cash and then do a Cash Out Refi under the Delayed Financing Exception (Fannie Mae) if you are still eligible for such - otherwise get a portfolio loan to retrieve most of your cash back out and keep rolling on to the next property.

Find a private lender who would kick out cash in exchange for cash flow and a solid return.    

Would like to get together to study or exchange information.

Actually, to be more precise, we look at the LOAN TO VALUE first.

Suppose you I have a property sold and my money is setting in a exchange waiting for a property to do 1031 exchange, I would send  this letter.Dear Mr.