@Susan O.The tax reform limited 1031 exchanged to real property only - meaning 27.5/39-yr property.

The arrangement is in exchange for an equity split of the profit upon sale of the property.

1031 exchange into new construction.Any cavaets to consider when selling older investment property into new constructions via 1031 exchange?

I can send you pics and maybe we could exchange ideas haha

I spent the majority of my time there learning about opportunity housing, as well as a 1031 exchange.

We had a failed attempt at 1031 exchange last year but were able to eventually buy an apartment building so the losses generated by the cost seg. study will cover the capital gains we would have had to pay.

That being said, I have never dealt with Boston, but I would assume that they would be strict, unless you were providing some kind of concession (perhaps an affordable housing component) in exchange for a variance.  

Let's say you purchased 3 Single Family homes (ie.3 doors) If you did it right and Refinanced with 30% equity in each property and got your initial money back, then you could 1031 exchange all 3 into a 8 unit building (ie.8 doors).You are now into commercial loans which is a different animal than residential loans.Talk with homeowners about Seller Financing.

For example, if you could trade free labor, project oversight, etc. in exchange for learning the process from beginning to end it would absolutely be worth it.

Hey all,I was curious about tax implications regarding the condo I live in (primary residence since 2007) that I co-own with my parents (1031 exchange).