Feel free to reach out.

Please feel free to connect with me and we can set up a time to go through our proses and inventory.  

The calculation involves:Selling Price: $1,075,000Original Purchase Price: $355,000Depreciation Recapture: $105,300 (taxed at 25%)Capital Gains: Sale price minus original cost, minus depreciation, minus selling costs (~15-20% federal capital gains rate for their income bracket).State Taxes: Since the property is in California, state capital gains taxes will also apply.Given the multiple layers, I’d highly recommend your parents work with both a CPA experienced in real estate and a qualified intermediary for the 1031 if they choose that route.If you need recommendations for professionals in Illinois or California, feel free to ask!

Feel free to reach out if you are interested in learning more about new construction opportunities.

Feel free to reach out to chat all things student housing! 

I am financially free with ~$10-17k/mo cashflow.

Feel free to connect!

Feel free to shoot me a DM and we can connect! 

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Gaining a risk-free property, with a long-term resident there to pay down your fees, etc, with a property management company in place to hold your hand along the way and making sure your property is kept up with.