I’ll be giving my first investor presentation to raise capital for an apartment complex in Ohio.

Obviously, only makes sense to defer gains under 1031 if someone has more than the $500k capital gains that a married couple could already exclude.

I did not take advantage of or lie to any seller/owner as the owner was always a bank (institution) and the reason they owned it in the first place was out of greed giving a loan to someone who likely could not have afforded it under normal lending criteria today.In all cases in which I purchased from a wholesaler or was presented a deal from a wholesaler, never did I ever get an accurate rehab number (I would consider anything in the ballpark of 10% as accurate), I never got a true exit value (I was always given a pipe dream or best case scenario on the value), the comps used - 80% of the time, there were comps that were not actually comps (comparing a 1500 sf 3+2 with a 2500sf 4+3 as an example, or a comp in a completely higher end neighborhood even though it was within a 1/2 mile). 

If his business failed, he likely has been deferring maintenance and other repairs.

if i sell and purchase again can i use 1031 tax deferred through LLC?

There were 2 offers that we got from the 4 showings we got and each person who viewed the property including the real estate agents told us that the condo has really good lighting and the bathroom and kitchen were really presentable.

There were 2 offers that we got from the 4 showings we got and each person who viewed the property including the real estate agents told us that the condo has really good lighting and the bathroom and kitchen were really presentable.

@Mark KillionWow, great presentation! 

Ill reach out and present to them my situation and structure.

If wholesalers are presenting you with offers that they have not performed " due diligence" on.