@Nav Madhwan I'm not a CPA, but I do know of several people who traded up their smaller properties for a portion of a larger MF deal and, in turn, got the same effect of a 1031 because of Cost seg, bonus depreciation, and accelerated depreciation.

My question comes at year five, where Turner is "trading up" to obtain the first 24 unit apartment.

The seller on the other hand was balking at the idea of using lease assignment agreements because it's "a lot of paperwork", while I'm thinking that creating all new leases would be far more "paperwork" than lease assignment agreements.I'm not sure what to do at this point, I have no reason whatsoever to believe that the tenants, private or corporate, or the seller have any sign of being suspicious.

Hey Account Closed, the Rock-Star Money Guy I work with has put together a very helpful video that explains the potential impact of the recent Fed rate cut:https://www.facebook.com/watch...Note: This is purely an informational video, with no sales pitch whatsoever!

Put yourself in the shoes of potential tenants "seeing what's out there" and your house (before or after) being one of several options.3) I do know some contractors in the area but most are trade-specific and a lot of them are backed up on jobs at the moment.

That's why I think small and make Daily Cash Flow on my laptop trading Futures out of my Roth IRA.

@Dean B. part of the problem here is that with all of the fire rebuilding the GCs are incredibly busy, and the trades are even busier.

My favorite thing to do when learning a new skill or job is to watch/listen/participate with everyone around me that is involved, take in the way that each person does it, let it all sink in, and turn it into what works best for me.I have had a few different types of jobs; I laid irrigation pipe for 3 summers, I was roadie for a local band that toured Nebraska for about 3 years, I worked in a warehouse of a carpet shop for a summer, I was a line cook in a scratch kitchens for 10 years (this is what I owe most of my quick-on-the-fly thinking skills from), and I am currently a Journeyman Electrician (7 years in the trade) I am taking my Electrical Contractors test this month and if pass that I will be able to pull all my own electrical permits.I have a wonderful family (wife and a daughter) who support me in all that I do.

I've been learning and trading pennystocks, I've done tons of research on local and out of state projects using the biggerpockets calculators, etc.

Trumps trade war with China?