While it will not reduce the actual cost it will help with the monthly cash flow.I am curious if this was a single-family house converted into a double.

Well I just brought them a portfolio for $3.4 million worth $6.5 million and now they don’t do this kind of a deal.

Quote from @Joseph McElmeel: Any updates on if New Wealth Advisors is legit, worth it, or a scam?

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.

Regards,Colby  Hello @Colby Burns I'm a local Realtor (Fort Worth).

Purchase price: $80,000 Cash invested: $145,000 Turning a 3/2 into a 4/2 duplex for short term rentals.

Cleveland is cash flow, we do build to rent in columbus urban infill where prices are the highest and land prices make sense. rents are good and on a DSCR can pull out cash and do again. easy scalable strategy and sell the portfolio eventually 1031 into something greater.

Theyre worth keeping an eye on.They will be at IBS, delivery times is a great question to ask them.  

He's got some video saying he's worth $100M. lol If anyone believes that dude is really worth $100M, they'd also have to believe I am an actual Blue Genie because that's a lot more probable.

It may not be worth using an LLC on your first one.As for the calculations, just put the numbers in a spreadsheet and figure out which option costs you more.