Plan to 1031X into a $1M property with a partner.

I am currently living in Oregon but will be relocating as soon as i can to Tennessee and starting an LLC. if anyone has a great roadmap, that would be extremely welcomed.Hey Aaron, be sure to find you a good partner/mentor/agent/etc to help you with the whole process from starting your LLC all the way to the cash hitting your bank account.

Despite these, the successful sale at $280,000 highlighted the importance of strategic planning, effective project management, and strong partnerships in maximizing profitability.

Rehab process was kind of messy but we got it done.

Hi Min, We see this scenario a lot for clients that are planning on retiring and looking to transition to another state. 

So, you need to be sure it makes sense as it does not always do so.Also, keep in mind, line of credit are for short term cash needs NOT long term for example a down payment on a property you plan on keeping for the long term.

The plan involves a common wall connected to the house.Any advice would be much appreciated!

Despite these, the successful sale at $225,000 highlighted the importance of strategic planning, effective project management, and strong partnerships in maximizing profitability in real estate investments with Partner Driven.

We plan to hold our primary residence and rent it out.

My neighboring state of MA is $500/year per LLC.Then it all depends on volume - more entities and trusts, more fees.But...first and foremost...start investing (if that is your plan), get good insurance, and then only add in complexity as needed.