Some of these properties we plan to hold through a 10 year period to get any capital gain over that period tax free with a step up in basis at disposition. 

During a payoff transaction of our loan insured by a title company (sale or refi of the collateral property), the title company would not clear title without paying off your loan to release the security assignment recorded against the collateral.If we manage to obtain direct title to the property through foreclosure or deed in lieu, your security turns into a normal deed of trust (like a normal loan that you make every day).- We can build an interest reserve into your loan to provide additional security, so from your point of view it's sort of a performing assetLoans could be done on an asset by asset basis, or in the form of a guidance line with strict criteria that you define.We have active deal flow for the above.Please message me if you're able to help with this unique lending requirement.

This is just a normal purchase and sale.

If you get additional basis during 1031 because you did a bigger purchase, the added basis is treated as a new depreciable basis.

When it comes to determining whether nail holes are considered normal wear and tear, it often depends on the size and number of holes, as well as local laws and customary practices.

@Lindsey Kocher, Even before antitcipating a 1031 exchange, you'll want to work with your accountant to determine how much suspended loss you'll be able to unlock vs what carrying forward your basis in a 1031 will look like.

Your cost basis has already been set.

With Opportunity Funds as long as the investment is held for 10 years you get a step up in basis to the FMV at the time and the gains themselves on the fund itself if tax free. 5) You can cash out early at the 5 year mark and begin to see the initial 10% step up in basis.

Do you understand stepped up basis?  

A lot of people have opportunities like this in front of them but hold back because there’s so much to learn when getting into real estate.From a tax perspective, here are a few things to keep in mind as you get started:Gifting and cost basis: Since the property was a gift, your cost basis is usually what your dad originally paid, not the $30K you gave him.