Hello, I'm hoping someone here can point me to a seasoned & experienced tax professional who could help advise me on the best course forward with my 1031 Exchange I'm in the middle of.

I think the middle road of trying to do both gives you the worst outcome (tenants damaging your property, lower price because it’s no longer new construction).Best of luck whichever path you choose.

I ended up adding a couple items to my checklist in the middle of the flip.

We were in the flipping business not the landlord hand holding business so we needed the folks out.I know you East coast folks really rely on Lawyers for your day to day real estate stuff.

So, if you parents received $1000 rent for August and you close in the middle of the month your parents might be paying $500 to you for the rent for the later half of August.

I grew up on the east side of the town with a well versed knowledge of the neighborhood.

I am in the middle of renovating my first long term rental and I need new windows for the upstairs unit (it is a top bottom duplex).

Basically it’s about 2500 sq ft rectangle building with a kitchen and his and her restrooms in the middle and 2 large open rooms, one on each end.

Many states have laws against it and you run the liability and risk of pissing buyers and sellers off as the middle man.

As a general rule in Salt Lake County, the east side is more valuable than the west side with pockets occasionally breaking that rule.