Just so you know. “100% deductible” doesn’t mean you get 100% of yoru money back.

You are able to get a hard money style loan 50% of purchase of land , 100% of construction upto 65% of the ARV 

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I've had countless conversations with heirs who spent a long time trying to figure out how to make money off of land or buildings, but without experience, and never got anywhere a year later.

I do however have a decent sum of money in savings for a down payment as well as would be able to get a parent as a cosigner on the loan to help with income if needed.

Hello everyone, I am selling an apartment building in California using a 1031 exchange (to buy property in the Midwest) and am wondering if I can use my passive loss carryovers and disallowed losses for that property to offset any boot because I am planning to use the cash pullout as reserves or repair money for when the replacement property is vacant. 

However, I feel like there's a lot of potential to run into a lot of walls/pitfalls that can cost a ton of time/money if I do this route.At the end of the day, I want to put a lot of emphasis on using the newest technologies to streamline the business as much as possible. 

For me, I see a renovation as an opportunity to put in the right amount of money right away.

Less money out of your pocket.2.

Or if things are that slow in the off season , shut it down , if the rent is canceled out by the cleaning , you are still losing money , electric and wear and tear .