In an area with rising values and fast demographic shifts of what the NEW RESIDENTS wish for them self’s but simply doesn’t exist yet in terms of feel and finishes.

The amount of time it will take me to save a 20% down payment even on a moderately priced property is much greater than the amount of time it takes me to save 5%.Just as an example, I am in the process of buying a primary residence for $265,000.

In April due to life circumstance I bought out my last remaining partner and now am a 100% shareholder but am in the process of dissolving the LLC and doing a quit claim deed to transfer title to my name.Question # 1 does a quit claim deed from a LLC to a personal holder of title affect the 1031 if it is done prior to closing (even though the quit claim deed was filed during escrow)I am trying to purchase a property with the "intent as a rental" though (in over 2 years) we may choose to do a "conversion" into a primary residence and definitely plan to keep the new property longer than 5 years.Question # 2 does the new 2018 tax law have any bearings on this plan.  

Also what is becoming of your current primary residence, if you own it; it could be turned into a rental. 

It’s not because of free hotdogs at a resident appreciation party, or measly referral credits.

(home is about 15 mins from my primary residence).

The reality in Texas is that you have only a slim chance to collect on a judgment and even slimmer chance to collect on someone you does not permanently reside in the USFocus on what is important now which is possession of the property.

I’ve lived in the Washington, DC area my entire life, and in 2016 purchased my first primary residence in the Northwest quadrant of the city.

Within 30 days transition home from rental property to primary residence.

Seems like a smart investment given that >60% of this area rents vs. owns their residence. https://www.washingtoncapitalpartners.com/real-est...I've been using the above article to guide my research, but want to start digging to the next level of detail.