Another person gave an example that was so overly-complicated and heavily branded (whole-tail to a retail to a donkey-tail with a gator covering the entrance fee… lol), I had trouble even following it but once we dissected what was going on, she could have just taken a hard money loan and done a flip and made more money, plus it would have been a lot more simple and less risky. 

To furnace complications and more.Ultimately, the property is under contract currently with a reasonable path forward and I have learned a lot more during this process that no books or podcasts could have thought me.

In most cases, neither is warranted.Warning: I am not an attorney and this can be a complicated topic.

This opens up a whole new level of asset protection, going from basic (least expense) to complicated (expensive) very quickly.  

It's not super complicated.

Is it more complicated than this? 

I’m looking for a CPA to do my last year taxes as they got complicated.  

I also second what he said about your accountant. 1031 exchanges are wildly un-complicated.

I just wouldn't cover an unlicensed welder. the guy who you are covering for is the problem. or have him get insurance you can get one time policies. it just sounds complicated I'd pass on deals like this to make a few bucks not worth it 

I’m checking back with my accountant to see if she can still file for me this year if it isn’t too complicated.