In structuring our entities, (we function in Florida, Georgia and soon in Texas), we have been informed that, "...your company is a dealer in real estate sales and purchases, not an investor (1031 exchange tax deferral is not allowed for dealers)".A more detailed discussion will take place with our CPA, but I would like to hear from some others on BP who "deal" in rehabs within an LLC, s-corp or c-corp.How are your 1031 exchanges handled?

I know we all here plan to live off of our real estate; however, you still need some savings.That said, typically you will have to withdraw it claiming hardship in order to pull the funds out.Consider the loan option in further detail first.

I was just doing some thinking and I would like to know the details of your fastest deal.

He goes into great detail on how to blog successfully and build an audience..

From the little detail you have given so far, it sound like you don't need a back to back closing, so don't need flash funding either, you just have to structure it right.

Pj Baptiste Your question requires a detailed response, and I will be happy to take the time to post one later today.

I took my best guess at creating a repair estimate for this house, which is detailed below.

So here's the details. 6 unit building in a blue collar area.

I suggest calling your county assessor office and getting details.

More details to come after our meeting Saturday morning, however seeing the basement and the 1 unit made me a little uneasy as there seems to be a lot of work to be done to get things "right".