Or if inflation rears it's head then you'll have jumped off a moving train with no way to get back on.The power of a 1031 is best when you stay the course with your deferred tax. 

number, frequency, and substantiality of sales [this generally is the most important factor (Suburban Realty Company)]; See (c) below iv.

If it's a high mortgage balance but there's substantial equity, then no problem. 

That said, I'm hoping to gain some insight from those who may have already had butted heads with this scenario.A brief synopsis.

One was headed to a hotel to stay for 3 weeks-nice to know they had money for that, but not rent.

So I talk with one of the head people at the Commissioner of Revenue office.

Also, since Shane would like to obtain more properties so if he added three more would it be possible did just have that separated in lines of credit instead of a loan.

When I started in RE I wanted to go head to head with some of the best agents in the market.

He likes the idea of a Airbnb but hes not wanting to mess with the head ache.

I have been though many struggles as well but the point is that there was a loan program that helped me get a leg up in real estate and  changing the direction of my  life.Its not where you have been but where you are headed that guides your choices  today.