Hi @Seetha G, One thing that we always recommend when administering 1031 Exchange transactions as a Qualified Intermediary is that the client should obtain an estimated settlement/closing statement a couple of days prior to closing in order to review the statement with their tax advisor and Qualified Intermediary for potential items that will cause small amounts of taxable boot.There are essentially three "buckets" of closing costs.

Just because the landlord does not live in the property does not mean they are not afforded 4th amendment rights.The way the court would look at a statute like that is to see if there is a true compelling interest of the state that could not otherwise be administered without violating the individual rights of the landlord.

Also, we have a couple great mortgage brokers that have administered a number of deals with investors with circumstances such as yours.

We have certainly administered small Reverse 1031 Exchanges, but gains of $20K really do not make sense. 

Essentially a SDIRA LLC gives you control of how the funds are administered, because you would manage an LLC that would be the sole investment of your self directed IRA.Let me know if you have any questions, I'm always happy to help!

@Jason StoneYou can contact your local housing authority or whomever administers your Section 8 Program for instructions.

However, it seems like there are different groups responsible for administering this each with different guidelines.One only works with landlords if 50% of my tenants qualifyAnother one works with landlords and only cares if 1 tenant qualifiesUrban League Group appears to be landlord friendly if you have qualified tenantsAny input or guidance on this is much appreciated!

The Golden LEAF Board approved $127,534 in funding for the NC Rural Center to administer the Rural Internship Initiative as part of the Golden LEAF Scholarship Program.

., We have administered many 1031 Exchange transactions where clients have sold multiple relinquished properties and exchanged into one larger replacement property such as a Multi-Family Property.There are a number of ways to address the current market conditions that you describe, including:Negotiate the ability to extend the closing of the sale of your relinquished property.

Confusing, I email the attorney but haven't heard back.Can you back out of administering the estate?