This platform is designed to greatly assist you in networking and gaining knowledge about real estate.

My area is somewhat geographically bounded by various different mountain ranges and the agencies from “East” or “Down South” might get 1-2 listings a year but will likely never gain much of a foothold due to their distant locations.

So yes you can exchange it to save capital gains taxes on $266k plus 19 years of depreciation recapture.

I know the deferment period for capital gains is almost up, but what are the pros and Cons of an OZF vs a traditional 1031?

So, in your example it might be at 9% interest rate which would make the weighted average HIGHER than taking out a mortgage at today's interest rates because the 2nd mortgage would be 3x as much as the 1st mortgage. 2.

There is a huge gain probably in a more efficient gas system then oil so they are already getting some cost savings. 

Looking to connect with others and see what knowledge I can gain and what I can offer.

Ensure compliance with local laws, start with smaller loans to gain experience, monitor your investments regularly, and trust your instincts as you navigate this venture.I myself, as a PML.

If you are looking to avoid cap gains on one, ok, but paying you a little more to become the bank is not whipped cream on a sundae to me, it's like one old walnut.

Would love to revive this post in hopes of gaining more info.