Then, as you scale, work with a bookkeeper or tax firm to set up your QBO file correctly.

Maybe my understanding of the situation is incorrect, and if so I will gladly stand corrected.  

If you buy the next deal correctly you won't damage the inherited property or kill the current cash-flow.

All of this needs to align with a motivated seller's ideal image of their perfect cash buyer.Let me explain:When you do a Google search, let’s say for a contractor, you already know what you're looking for, correct?

But then it would seem that a condo owned by a single member LLC would be exempt, correct?

@Brett Burky, Paperstac does sell partials, correct? 

Typically: Pros: - Fully passive- Equity growth (hopefully) - Smooth process Cons: - No control- When they liquidate, you liquidate and need to 1031 again (usually they have other funds set up, however) - Make sure debt is rolled over correctly Hope this is helpful!

This year alone our team corrected at least a dozen new client returns which were incorrectly treated in the PY.

We had an inspection by the fire marshall, and he gave us a long list of things to correct. 

Asking in the correct forum will get a better response.Need a spreadsheet or form?