Let me know if any of that works for you and we can exchange info.

The manager doesn’t get pay in exchange for a free room to stay.

You would have to do 1031 exchange if you wanted to defer the taxes.2) No matter if you move in or occupy the house, all the work done before rental or before moving in will be added to the basis of the property.

Unfortunately our money will just sit in a British account until the exchange rate goes back up or unless I can find a trustworthy partner to deal with in the states.

In this market, which is flush with cash buyers and 1031 exchange money, as has been the case for a while, it's not hard to sell bundles of property regardless of financing seller side financing.

I will soon be having the funds from a 1031 exchange to invest in new properties.

When you convert a property from investment to your primary residence and it has been a part of a 031 exchange there are some additional requirements.1.

When you convert a property from investment to your primary residence and it has been a part of a 031 exchange there are some additional requirements.1. 

The terms are; raise $2M for the down payment on the property and in exchange that investor will own 75% of the property. 

Completely understand in a 1031 exchange the new property needs to be a higher basis value than the one that was sold.