While I don’t suggest that the smaller type investor purchase and utilize “exotic” vehicles like foreign asset protection trusts, family limited partnerships with outside controls, or Byzantine or convoluted maze of ownership entities, the more simple strategies of using Series LLCs, self directed retirement plans, and paying off their home mortgage to the extent of the Federal BK homestead exemptions can insure that a plaintiff attorney never even considers going after them.  

Holding EXEMPT (from bankruptcy forfeiture) assets, holding assets in exempt entities (retirement accounts, pensions, IRAs, in some states insurance and annuities), homestead exemption, remote entity protection (LLC, Serial LLC, Corporations, Limited Partnerships,) Asset Protection Trusts, using separation of assets for married individuals (in certain states) charitable remainder trust, etc. can be very effective though can be costly. 

I am also in Florida and qualify for the homestead exemption, is that double dipping on the taxes or are they different since the homestead is property tax and the 1031 is capital gains tax?  

Be aware of any local regulations in Emeryville as well.Please make sure your 4plex isn't exempt from AB 1482.

While those with a small amount of mortgages are exempt from many servicing requirements, you are not exempt from all collection requirements, giving a proper accounting, notices, tax reports, late payment notices and collection matters.

A Solo(lk) is not always exempt from UDFI Tax. 

Not only that, but I missed the homestead exemption deadline.

Also, most deals tend to require a lot of capital ($50K+).Most states exempt business purpose loans from licensing requirements but there are still certain rules/regulations you have to be mindful of.

If they say they do not need to fill out a W-9 as they are exempt from 1099's being a corporation, then they still need to provide a filled out and signed W-9.

We submitted an agricultural application exemption and was accepted.