Most of these course instructors aren't qualified to teach anything but the most elementary real estate concepts and try to make their courses more marketable by teaching concepts they have no business teaching. 

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party. 

Fast forward 20 years: I now have money in the bank, excellent credit, live modestly on my own, and run a business that’s doing well.Unfortunately, I wasn’t able to save much for retirement during most of my life.

Linda is a great gal and her magazine is a marketing piece for these type of business's.

I will be able to log the 50% time of business use.

Money for the down payments that comes in like an annuity either from your W2 efforts or from owning another business.

You must have the intent to hold the relinquished property and the replacement property for rental, investment or business use. 

Me personally I look at my rental as a business everything is paid for by rental.

Since my RE financing investor does the incentive of paying for the property, I want to make sure that my business partner is getting a great ROI in profits, so I want to make sure that money is working for the first investor making a deal with me in the smoothest way possible! 

I would love to hear from others doing flix and flip in NYC on their experience on doing this business.