Perhaps @Dave Foster knows the answer to this:Is there a maximum amount of 1031 replacement properties that could be used a like kind exchange?

@Dave Foster has intimate knowledge of this. 

@Dave Foster knows for sure if it can be done. 

@Dave Foster is a QI here in FL, and knows this in and out, and is recommended, but basically…Your replacement has to greater in price than than the property you sell (less actual selling costs) And use must use All the cash received the sale.

New rents are $1250, which was an increase of $250, and we continued to foster a relationship with our core-four in the primary market we want to grow in. 

The property is currently operated as a Foster Freeze and is generating $3200/mo or $38,400 annually in rent. 

The property is currently operated as a Foster Freeze and is generating $3200/mo or $38,400 annually in rent. 

@Dave Foster is a QI, they will need one, he can explain. 

@Dave Foster is a wealth of knowledge on 1031, and very responsive. 

We're in the process of doing our second 1031x this year (shoutout to Dave Foster for keeping up with all my newbie exchange questions).I have an offer in on a duplex in northern Colorado.