Let it cash flow until a developer takes you out for a valuation beyond MHP norms.

Have a friend that has a property that he wants to accept money from a 1031 property that has sold and the funds are being held by a facilitator.Would you consider the completion of identifying the property as a sale or an exchange.

If they start talking about needing to develop a "relationship" with you, make sure all your funds are secure and you have a button closing the pocket your wallet is in.

Even heard of old waterfront housing neighborhoods bought out to simply develop higher-density housing as it would make more money for the city having condos and a marina instead of old established waterfront homes.

Typically, there is a Master Condominium Policy on the entire development that the HOA pays for (with your dues money).

I have some foreign national clients who have used it to get developments off the ground.

Did not work out that way.Not sure how though how it has affected values in more rural areas though when a casino comes into town.Perhaps if you are one of the players right in the line of the development and your use is well associated it could work out well.

Guys, yes we have an exchange facilitator helping us. we identified 3 properties 2 ended up being short sales and didn't want to chance it and the 3rd is over priced has been on the market for 280 days we made a cash offer 17% below asking with no acceptance, yes I know the clock is ticking.

There are ways to apply that "boot" to repairs and improvements to avoid taxation on the gain (the proceeds are kept in escrow and drawn to cover the repairs as needed) - identify a Qualified Intermediary that you wish to use and ask them.Originally posted by Jay Wright:...2.

They never installed backing underneath and over time stress fractures develop.