Foreign Markets especially the Middle East GCC Region Part 1PART (1)Hi all, and welcome to my discussion on foreign markets.

I will be converting all the $ amounts USD as of exchange rates today.678sqft 2Bedroom 1bath apartment.

I also have large foreign exchange providers or gold buyers but everything seems to be good until you due diligence and find out how many liars there are in this world!

You could also look into doing a 1031 exchange or sell your note off for enough to buy the property you have your eyes on.

I can wait 12-months or longer and sell for a lot less tax, exchange into something else, or sell my C pile and pay off my A pile.

There is a long standing WNY real estate investors group that meets monthly, an Exchangers group that also meets monthly and the newly formed BP group that is doing the same.

Sometimes costs can be paid with physical and mental effort, but it is tough to get a Title Company to accept you cleaning their bathrooms in exchange for a Title Policy!

B - There is a $10K profit involved with the purchase and sale of the subject home (I sold to buyer for $10K higher than I purchased), when my IRA "buys" the note, can I 1031 exchange that $10K profit into another investment, or will I be required to pay capital-gains tax instead?

If my out-of-state and foreign investors can flip houses in Atlanta I see no reason why you guys can't too!

Hi Nick, I have looked into cashing out for foreign investors as I work mainly with foreign dollars to fund my fix and flip projects.