If you ever want to chat about strategies, financing options, or just exchange insights, feel free to reach out.

Please also direct any future correspondence to me in writing.Sincerely,Ambulance chaser (name changed to protect the guilty)Here's my response:Dear Ambulance Chaser,Our lease agreement allows you the use of the property at 123 Straight St in exchange for rent.

It's always enriching to exchange knowledge and insights with fellow professionals in the field.Best,Jim Vani

We 1031 that money and the money from the timber into 3 lakeview lots in Idaho that already have water, power and sewar.

But when you purchase a property, your basis for deprecation is the cost of the property to YOU (except in the case of a 1031 exchange, the rules are a bit different).

It will be nice to connect with other Newbie investors in the area and exchange plans and ideas.

@Sam Liu you might consider Reverse 1031 Exchange to avoid some of the challenges you mentioned you faced with timing and traditional 1031 exchange. 

And 1031 exchanges.

Reasons were many, but financially speaking, I had received a growth opportunity from my employer in exchange that I relocate to another part of the country.

Just make sure they won’t place a lien on your company.Equity Partner: Consider bringing in an equity partner to help with the $300K down payment in exchange for a share of the property.Renegotiate Terms: Try to renegotiate the closing date or lower the down payment amount.