This equity can be used in a 1031 exchange for that next property and is tax advantaged at that point.

A good attorney can help you with understanding securities exchange commission regulations if you plan on raising private capital for your investments.

The tenant in unit 1 mows the lawn and shovels the snow in exchange for reduced rent of $100/month.

(still might be okay,, but I don't know), trustee is LLC, who's managing member is not a real/physical person, the sole managing member is a "fictitious name" yes fake person..the fictitious name is made to appear, like a normal (although a bit foreign sounding) nameThe successor to the "fake" trustee is no other than the realtors/agent's husband (had to do some cyber digging to find this)and finally an assignment of beneficial interest in the land trust is to be signed by sellers to trustee LLC, whos managing member is this "fake trustee", which fictitious name is registered to the husband of the agentIn my perspective, the listing agent/broker never presented the better offer (i have proof there was a cash better offer),and consequently will end up owning this property......Thoughts ...comments...educate me please...

I've mostly seen people work with flips to get some cash together and get into their rental business.Seller financing can be a godsend in many cases, even if you end up paying a little more, it keeps you from relying on a bank, which is dangerous unless you have a good relationship with a local bank, especially in today's financing climate.As much as I hate flipping single-family houses and duplexes, a few flips can give you enough money to exchange into a property that you want to hold.

[Note: There was a law that was to treat rental activities as a "trade or business" for Form 1099 purposes only, but it was repealed by by the signing of HR 4 (Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011) on April 14, 2011.]

wether it be gold/silver other precious metals and stones, foreign currencies, stocks, investing in a small company, running your own business, how are you guys making your money outside of the 9-5 and real estate investing?

Others will say it is better to rent now and build up your cash reserves by investing and exchanging up until you have enough extra cash flow to buy the home, car, boat, or vacation home you want to own.

I call that concept "Trading Up" where you implement the monopoly strategy of exchanging houses for hotels, or in your case - condos for houses.

Would you like to do a link exchange?