I have invested in syndication deals, completed fix & flip residential, I currently own one STR in Mesa, AZ, wholesaled residential properties and small residential developments after completing preliminary planning, built a duplex for rent from the ground up, etc.

I recommend that my clients use life insurance to plan for the future tax obligation: either there will be a death benefit to pay the tax or there will be cash value that can pay the tax.Even if the seller chooses to remain in real estate, when they buy their next property, they will start off with a fresh depreciation schedule.

Make sure you don’t put yourself in a position to lose the $2.4m if it’s part of your future plans. 

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

We just refinished renovation and requested our final draw, which went to plan.  

Love the feature that allows you to copy the url of the supplies/materials to the material input form which automatically fills in the price & relevant info for the supplies is awesome. 

I know that the area has more plans for expanding so I think finding renters would be in my favor if I were able to find a rental home.

All Ira’s are custodial but there are plans that have a checkbook control feature allowing you to essentially bypass the custodian and save time and fees.  

@Sree Todu,Your intuitions are dead right -- if you carry a note from your sale, the face value of that note is not automatically deferred with the 1031 exchange.  

My plan was to make another deal within a year of moving here, but due to some circumstances my money has been drained.