I’m not planning on any boot at all (beyond incidentals) but one of the two buildings I’ve got under contract turns out to have rather more significant issues than anticipated.As a result, I’m having to consider whether to proceed and deal with the unanticipated costs or back out and either identify a couple of potential replacements knowing that the identification period will close before I can fully vet them, or take the tax hit.At the moment, not a huge fan of the entire 1031 process.Thanks,Allen

I've signed up for turnkeyinvest.com who specialize vin the area, and receive some affordable properties that have decent cash flow(300-400 pre tax).

They provided identification and bank statements, but were unable to be verified by Transunion ShareAble.

The only special consideration he has in the lease is identification of the interest bearing account for the retention of the deposits.

If not, we’ll need to have one ordered for you.Entity Documents (NEEDED FOR PREAPPROVAL):LLC/LLP i.Copy of Articles of Formation/Incorporation ii.Copy of fully executed Operating Agreement/Partnership Agreement (all pages & amendments) iii.Certificate of Foreign Qualification (if applicable)Corporation i.Copy of Articles of Formation/Incorporation ii.Copy of fully executed Corporate Resolution designating authorized signer(s) for the Corporation iii.Copy of fully executed Corporate Bylaws iv.Copy of stock certification v.Certificate of Foreign Qualification (if applicable)Identification (NEEDED FOR PREAPPROVAL): Copy Driver’s License or Passport for each Guarantor.Experience – Last 8 Settlement Statements (NEEDED FOR PREAPPROVAL): A big portion of how aggressive we can be with our terms is your experience.

Confirm the validity of your Employer Identification Number (EIN) and verify state business registration.

YesSold, the 45 days is the identification phase.

They were being completed about every couple weeks and I had 12 to choose from in 180 day gap not including my 45 day identification period.

I don't know, do you think the Rock or Vin Diesel? 

Proper identification of tenants is also needed if you want any chance of having local code enforcement write tickets against the tenant and not the owner.Any Legal Action Documents: you’ll definitely want to know if the current landlord is evicting or suing the current tenant(s).