Happy to connect and exchange ideas this community’s a great place to learn from others

And if it throws off enough cash to offset the loss in NOI from the current property.If you decide to do a 1031 exchange, you would be able to defer all of the tax and appreciation to reinvest into other investment property/properties.

Question 1- am I correct thinking this is not a sale I could 1031 exchange?

Feel free to connect if you’d like to exchange more ideas

On death, heirs get a step-up in basis and the unrealized gains disappear.1031 Exchanges – Still alive for real property.

My goal is to partner with experienced operators — perhaps someone developing a property or running a local business — who could use ongoing legal support in exchange for a small equity stake. 

During the pending period, the appraisal came in below our offer price, so we renegotiated: I agreed to take on the roof repairs and close sooner in exchange for the seller reducing the sales price to match the appraisal.

In our company we basically use the cloud based expense reporting software that takes care of the accounts, invoicing and billing in a precised and significant manner.

Since I also work with a lending company, I see a lot of different setups in markets like this  feel free to connect if you’d like to exchange ideas

We have 'buy-sell' detailed out in a lot of detail including; right of first refusal, how to calculate selling price, etc.... and 'survivors benefits' detailing if a member's heirs want to stay of or be cashed-out etc...Is seems to me that the time the TIC helps on a member wanting out is in the case of a 1031 Exchange, which HAS to have a 'real property' sale, not an LLC sale, which is shares in a company, not actual real estate.