I always want to provide my clients with detailed explanations of options when buying or selling so they (with my guidance) can make informed decisions that will be the best option for the results they are seeking.I have never done a RE transaction with seller financing.

@Chandra Minter, You requested a more in-depth explanation of master leases (master lease option/MLO).

You are correct that you can set this all up yourself, with the exception to needing a signature by a Registered Agent - which can even be purchased for a small fee.I want to preface this explanation by stating that this is a system that I find is my "go-to," but there are stronger entities that cost much more as well as cheaper entities that don't protect you as well.

I always want to provide my clients with detailed explanations of options when buying or selling so they (with my guidance) can make informed decisions that will be the best option for the results they are seeking.I have never done a RE transaction with seller financing.

Wow that was an incredible explanation.

To the best of my knowledge, the fact that you already have the proposed property under contract prior to the sale of the relinquished property does NOT make a difference.Just don't close on the replacement property until AFTER you sell the relinquished property.Here's a link to a great explanation of the identification rules:https://firstexchange.com/content/top-ten-identification-rules-1031-exchangesThe resident 1031 expert on BP is @Dave Foster. 

For instance, by nature, most (though certainly not all) QOZ funds will be investing in "up and coming" areas, wheres there are no geographical constraints to a traditional 1031 investments. 

If examples are presented keep asking for explanations until you know exactly what was done and why.When my kids were in college and had no idea what they wanted to do after graduation, I suggested they look at the Sunday newspaper Employment Display ads section. 

This is especially true in Iowa’s non-metro areas, as apparent from the dot density maps I referenced in my last message.Counties represent the lowest level of geographic detail for Census Bureau data on international migration, domestic migration, and natural population change.

Your explanation helps.