Sell your home take the equity and BUY A DUPLEX.  

My question is if 2 people equally own a duplex in an LLC and are looking to sell it can one person cash out and pay taxes and the other take their funds and do a 1031 exchange?

Also my wife and her sister from Denver have partnered on 3 six-plexes, a duplex, and one crappy single family home in Great Falls.

@Michael Ehmann @Johnny Kang @Monica Pina @Erik Anderson @Joe McCarthyFigured we give this fun threat a restart...September:Accomplished: - Had our annual consultation with our accountant- Got another LLC going to purchase a Duplex with- Finalizing an application for pre-approval with Lima Capital- Collected about a dozen Duplex addresses by Driving for DollarsFell short:- Only made one offer for a Duplex in the past few months- Did not do enough Driving for DollarsPlans for October:- Submit more offers- Analyze more Duplex deals- More Driving for Dollars and sending out direct mail to the ownersLooking forward to hearing from everyone!

The smell and damage to walls?

Hello, I am looking to get some direction on the possibility of one of the loan programs geared at larger multifamily units such as HUD Fannie or Freddie but for say 10 duplexes all bought at once 'as a package' for say 1.5 million.

I bought a duplex in 2006 with asbestos siding on it. 

They use under gauged wire, 2x2 walls, and inferior building supplies.

Duplexes would also be something I'm interested in.

My wife and I are currently house hacking a duplex south of Denver, and we have 6 units (3 duplexes) around the Denver Metro area.