Hello I am from North eastern PA new to real estate me and my wife are currently renting 2 properties. my wife Marilyn is a real estate agent and we would like to connect with groups and like minded individuals. we also trade in the foreign exchange and do this full time. we are excited to be here and would like to see where it leads! 

Not only are they a tangible asset, but they also produce income.The appraiser allowed precisely $0.00 in valuation. 

Hi everyone,My question is if I about using sale proceeds for a 1031 exchange, from the sale of a primary residence that is also being used for AirBnB ?

A "1031" is a tax-free like-kind exchange. 

If you have a proof of concept and there is enough meat on the bone this could work although that would be very generous of you to exchange equity for working capital if they are not bringing anything else to the table.

My suggestion is to sell all four investment properties and trade up to a larger multi-family property using a 1031 exchange and start realizing some economies of scale.

Alternatively, you could buy cash and then get a private lender to loan you money in exchange for a 1st lien position (ie be the bank).

I'm considering a 1031 exchange out of New York to a property closer to my location. 

CIR, the memorandum for Inspections of Sections 469(g) and 121, scoured the web, and have attempted to find an attorney/CPA with no luck to help me answer a the question stated below:I am selling a home (currently in escrow) in the Bay Area that I have owned as my primary residence jointly with my parents since 2004 (not purchased in a like-kind 1031 exchange).

Yes @Samuel Chua foreign investors can do 1031 exchanges to defer tax.