You would certainly qualify for a 1031 Exchange after you have converted the property into rental property and held as rental property for a period of time. 

Now I am now dedicated to building my buy-hold portfolio of properties...still fully employed.Looking for: exchange of experiences and info, and expanding my rental portfolio.Cheers!

Hopefully we can exchange war stories as we become the pros.Cheers!

It doesn't help now, but for future reference, sign the lease and exchange the keys for money AT THE SAME TIME!

I did a similar deal recently and contributed the land in exchange for pro rata profit split based on cash builder put in for build costs.

There is also a 1031 exchange that you should become aware of.  

., so network, and get to KNOW people, exchange information, ideas, etc.Aside from investing in a house or houses, there's options such as investing in loans, etc.

When you sell a piece of investment property you will recognize a gain and incur tax on the profits unless you use a 1031 exchange.  

If you are transferring money to the states from the UK, you'll already make 54 points off of the currency exchange as the Pound is worth $1.54USD. 

You're looking for a motivated seller and you're looking to help them sell their house either by wholesaling or perhaps lease  option assignmentsRemember if you act as a principal in the transaction you don't need a license most of the time so you could offer a seller to buy their property on Subject to or on a wraparound mortgage or lease with an option with the intention to assignI would join your REIA president and talk to your president about donating time in exchange for learning the business of real estate investingKnow that this business is first and foremost looking for 4 things:1.