All Forum Posts by: Zach Burns

Thanks for all the comments, Micah what is NNN? and Leslie what is DST? Sorry I'm still learning some of the terms.

Another question that I came up with, say a house was built on the lot does that mean that it would have become "inventory" if it was built and then sold and tried to make an even bigger profit?

This is my first post on here, any advice is awesome! Heres my question, my parents are about to sell a lot and they should profit around $550,000 from it, we want to do the 1031 exchange. What do some of you recomend would be the best way to reinvest that money, multi-family property or commercial? I know it would be really hard to buy single family homes with doing the 1031 exchange. Also we are in Nashville, Tennessee is that makes any difference. Thanks!