Exchange?

Couple domestic, one foreign.Particularly in the traditional real estate investing community, there are many different opinions on the value of investment products (those traded on stock exchanges).

Ugh lawyers1- I shall start... 1031 exchanges - I was able to defer/eliminate/suppress profits I gained on a property sale of one property to purchase additional passive income properties.

I was in the process of doing a 1031 and I needed to pick up some out of State cash flowing properties quickly.

Lmk when you are here, so we can grab a cup of coffee and exchange information :)

I realize this is something that gets asked a lot and am hesitant to post, however I understand the importance of finding a mentor and am humbly asking for a hand.I currently work in I.T. and would have no problems offering my services in that arena in exchange.

Consider a 1031 exchange with the proceeds. 

The value received in exchange for the money spent, and the manner in which the education was sold to you are at the crux of the matter.As most people here know, I sell education.

Norris - You should be able to locate one or two title companies within your area and they will typically provide you with all the data you need for free in exchange for giving them the title orders when you get some deals going.

If you want to keep it beyond that window as an investment then you lose the opportunity for primary residence exclusion but you can always do a 1031 exchange and defer the tax into the next property.