You would come up with the difference plus closing costs which of course is much lower then 20% of 400k plus closing costs.  

Hello,So I am a little curious about 1031 exchanges with respect to "step up in cost basis due to death".

With rent and mortgage costs doubling in recent years, affordability for locals has decreased significantly.

A lot of investors have been drawn to the Midwestern markets due to the low cost of entry and a lot of the markets being landlord friendly as well.

I also love it here.It will cost $100,000 and we will finance half with a personal loan @ 7% for 3 years.So im putting 50,000 in cash and I expect to earn about $2,000/month.

2) Generally, what's the cost for replacing the entire thing?

Do you know if it is possible to do the cost segregation and bonus depreciation if I non-resident of the US?

Severe settlement issues were later found, making repairs unfeasible. o avoid delays and extra costs, we quickly sold the property to another investor.

However, just before work was scheduled to start, the foundation company informed us of severe, uncontrollable settlement issues that made repairs unfeasible.Given the significant delays and additional costs this would entail, we made a quick decision to sell the property to another investor.

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.