I’m here to connect with like-minded individuals, exchange ideas, and continue learning from this incredible community.

If not, I'll have a property I could 1031 exchange or just sell. 

I also did a 1031 exchange from a different property that gave me a bunch of cash for one of these purchases. 

A “1031 exchange investor” would be someone who’s already selling something and wants to buy something else.

The ultimate tax hit is at most $5k (20k * max 25% tax rate) and it's probably not worth it to 1031 exchange for that little of tax deferrals.

However, even in an equal exchange, recapture tax might apply.

And each former LP (now a tenant in common) can do a 1031 exchange on their portion. 

.* Learning the ins and outs of structuring win-win deals.I’m open to partnering, collaborating, or just grabbing coffee to exchange ideas.

For example, a property in San Diego may lose $500 per month ($6,000 per year) but gain $60,000 per year in value, making it worthwhile to "lose" money each month in exchange for long-term gains.I recommend you start with BiggerPockets Ultimate Beginners Guide (free).

I went with Cornerstone Davis Kangas took care of the 1031 exchange.