RISKSPrivate Letter Rulings There are three (3) Private Letter Rulings (“PLRs”) that address this 1031 Exchange structure, which are as follows: Private Letter Ruling Number 2014-08019Private Letter Ruling Number 2003-29021Private Letter Ruling Number 2002-51008PLRs can only be relied upon by the individual taxpayers that requested the PLRs.

Sure, I could look for a higher paying job, but I was wondering if anyone has any creative short-term methods to improve my ratio.

planning to list them for 2024 taxes as 6 different properties and when rehab will be done , I will get all 6 deeds, can I sell individual condo and 1031 based on basis I will show?

@Ilia Zakharav, There's no problem in selling individual units and 1031 exchanging them as individuals. 

In previous roles, I was responsible for the asset management, capital improvement, repair, and maintenance of an ANG Fighter Base worth over $400M.

What is the recourse for the tenant who signed the lease under each individuals name?

Today, I seek out like-minded individuals who share my values, focused on long-term success and making a meaningful impact.What sets me apart is my dedication to creating real-world, tech-driven solutions that improve efficiency while benefiting both investors and the communities we serve.

The only other option that comes to mind is to make the improvements and try to achieve favorable rental rates to push the story that 2 BR homes rent for a premium because its unique.

I work out of my basement and have been trying to find a location near me that rents out individual offices. 

Individuals are purchasing these properties, rehabbing them, and raising rents.