Common concerns in pre-1940s buildings include outdated plumbing, old electrical systems, and structural issues that could be costly to bring up to modern standards.

Hello Community--As we roll towards the end of 2024, I would love your insight on the coming Spring market. 

You only roll over the 2mm, take a 500k cash out and then claim the 500k sec 121 exemption.You can think of it like taking the 500k off the top, then the remainder functions as a normal 1031 exchange would.

Pre-tax and Roth built in. 

Heather,First off congrats on the land investment and looks like your almost ready to start the pre-construction process.

The rest were Reg D 506 (b) that allowed up to 35 sophisticated investors, but required a substantive pre-existing relationship with the sponsor. 

Take Action = Get pre-approved/deal analysis/write offersI love the plan of purchasing close by. 

You should be asking for any kind of pre-approval letter as well.

@Jacob CampbellMy understanding is you cannot sell your relinquished property and roll over proceeds into a property you own to payoff debt. 

We sometimes even have to fill out a pre-inspection form for some investors before they order the actual inspection.