Even though I was so close to list, I didn't want to break my own rules/numbers, and quit offering. 30-days later (lack of tracking on my part), the list price was reduced, below my latest offer, and was sold within the day.

I'm basing my opinions on the fact that my lender could care less when the new rule came out, and I have not been notified of any major changes.

It's an eBook with a wealth of information on setting up these plans, including many of the rules, pitfalls, legal interpretations, numerous links, as well as a sample LLC operating agreement useful, apparently, in Arkansas.

It would make me very nervious when someone does not follow all the rules.

Move QUICKLY when you find one, and don't rule out the MLS completely.

I don't know the rules on a Reverse 1031, but on a traditional, I believe All the cash equity from the sale property has to go into the buy property(s).

I understand the 90 day rule but other than that do I have anything else to worry about once that time frame is up?

Be sure to check out the Ultimate Beginners Guide as well as my 10 Rules of Successful Real Estate Investing.

@Eddie RishWelcome to our discussion.Please take a moment to read the Forum Rules and restrict solicitations to the Real Estate Marketplace.

Money Mustache and simultaneously from a Google search for "50% rule".I'm a contractor by day (current focus is insulation/air sealing and mechanical systems), but my goal is to be financially independent by 2017 at the latest.