I graduate in May and will be taking 3 virtual classes to finalize my requirements to seat for a CPA exam in the summer. 

As to your question about the mortgage, you'll want to research something called a "due on transfer" clause to determine if that is an issue for you.These are all things you will want to discuss with your attorney and CPA.

It’s certainly not going to make your 1031 valid.You’re probably going to need a charity you want to give the $100k to, a good cpa and a great 1031 QI.

I’m curious as to the thoughts of a CPA here given the differences in tax implications generally between NJ and FL.

I know it's a question for her CPA, which is what I told her obviously, but I'm also just curious myself and thought it might be possible to find our answer more quickly from all the brilliant CPA's on here.

.) - Get with your CPA/accountant with your plan, so there's no surprises.- Work with a realtor who has experience with 1031 exchanges (whether it's as an investor or helping past clients)

If you do it correctly, there are also ways to pull-forward depreciation expenses.Whether or not all these expenses will be useful to you is based on your personal tax situation which is why you want to have a good CPA.

Meet up with other investors and get recommendations for a CPA. 

CPA required.Try to purchase with full transfer of deed; but if the deal is too good to pass up then the CD could work for you.  

@Nick KnoblachOf course, you should always confirm with your own CPA who is familiar with your situation, but here's a few generalities:- CA taxes residents on worldwide income, so the CA resident will likely be taxed on the entirety of income that he/she receives on his/her CA resident tax return, including his/her share of rental income- CA will likely want to collect tax on all income earned in CA due to CA-sitused real property, so any non-residents in CA should likely be prepared to file a non-resident income tax return in CA to report his/her share of income earned from the CA real property-I'm not familiar with MN rules, but most states generally allow for a credit for taxes paid to another state.