To me personally as well I found it was more important for what I do to cultivate commerical bankers and those relationships so I could get access to bank rate capital and lots of it !!

I think we will see more "adult" families living together...kids move back in or parents move in with kids.The traditional apartment model was based on 12month leases, but jobs are not always 12 months and people want flexible terms, so co-living often offers that.Seems like younger people between 20-30 and some other age groups don't want to get married and start that housing pathway our parents and grandparents took.   

So all you see is problems. 

Thank you so much! 

So let's of properties to choose from.

So, would you suggest doing this and putting him in 1st position, once the home is completed have him removed from 1st?

Unfortunately, this reassessment is unavoidable, so you’ll need to evaluate whether transferring the property is worth the potential tax increase.If a Transfer Is Not Feasible:If the potential property tax increase makes the transfer impractical, an alternative option is for your father-in-law to secure a Home Equity Line of Credit (HELOC) on the property.

I am on the lending side of things, so if you'd ever like to chat shop and options out there, let me know. 

So, I did.

While a 1031 exchange can defer the recognition of a loss, it's generally not the best option unless there are specific strategic reasons to do so.