This assumes that one can exchange 1245 property for 1245 property, and the current version of 1031 does NOT allow that.

Attorneys do NOT know everything and only apply their experience.Which is why I recommend the BiggerPockets version.

You'll want to get the appropriate version.  

The current version of the ATCP you are violating is ATCP 134.08(4), which prohibits the same exact thing as 704.44(4m) prohibits…the kicker being that the ATCP (the consumer protection act) comes with the added penalty of you being charged double damages and actual attorney fees because the act itself is promogulated under Wis.

The 2012 version, which is what my city is on, is 904 pages

This is the real estate version of “dollar cost averaging.”So even though home prices do go up and down, they tend to go up overall.If you get in the market you are getting a piece of the pie, versus waiting and missing out.For example, you might end up selling when prices are lower, but then you are buying a new place when prices are lower too.

Since this is being done with the ok from the lender - it seems like we need some version of #2 - where they give the blessing with a “change in terms” or assumption - and that we negotiate what changes are acceptable. 

The PocketSmith dashboard displays your current net worth.With the premium version, PocketSmith can connect with over 12,000 financial institutions worldwide to automatically import your financial information.

A version of this will exist in most municipalities  but brokers  usually just pull up the public records one pager on the MLS  which doesn't provide this information.

He had used the free version before and decided to go "all in" this time because the rental market was tight, and he wanted to stand out.