Start identifying neighborhoods for BRRR's.

I rattled off a bunch of types of renters, and ideally, we'll identify the main type of renter and build the experience around their needs. 

The basis for cost segregation and the MACRS approach (The system utilized by the IRS for the purpose of depreciating eligible assets) is to identify real property from personal property.

I get the 1031 but not sure I can identify a replacement in 45 days.

The seller did not otherwise indicate this at any point during the due diligence period.The pvc pipes themselves were concealed by a drop ceiling, although sprinkler heads were visible through cutouts.The inspector did not identify the issue.  

I run Deedfuel that helps identify recently purchased properties by investors and their contact information that makes this process easier.Hope this helps!

The 1031 Law (speaking practically)These rules apply to any exchange:Must complete within 180 calendar days of the sale of your relinquished propertyMust identify up to 3 replacement properties within 45 daysOnly complete tax deferral if the final value of the replacement property is worth at least as much as your net sale price for the relinquished property.If you trade down in value, the difference is taxableKeep the same taxpayer across propertiesYou can exchange into (and out of) any state and many US territoriesThere are lots of different assets that qualify as valid replacement targets in a 1031, so think broadly

We are trying to analyze Trust-held properties to identify the stinkers to sell and the winners to keep. 

Hi kelanie, If your working on selling and don't want to be in a rush why don't you do a creative seller financing to lock up the purchase price meanwhile you look for a home, I did it with a client that was in atlanta, GA and sold his home in lakewood,CA doing it that way it gave him time, locked up a good sold price, sold it to someone happy when he identified his property buyer got a full loan on a refi..everyone won...dm me and I can give you a full breakdown of how we did that one

Let it be known I am new to the game but excited to begin! I have been thinking about getting into real estate/investing for years and I do wish I began earlier, but I am 27 years young with ambition! What has inspire...