If you need financial help, ask under the "Finance, Tax, and Legal" forum.

The key is that in order to completely defer all tax you must purchase at least as much as your net sale. 

Now consider this: all the groups people are spending fortunes to target—foreclosures, absentee owners, probate leads, tax liens—what do they have in common?

If you would like to show your tax returns or w2s then I can put you in a conventional loan because we are a conventional lender also.

Kudos,Mary

I will not comment as to the tax laws and underlying rules - that is a discussion you can have with your tax advisor who presumably you are paying to help you.What I will do is provide practical and business guidance on tracking time.Firstly, there are apps available that can assist with time tracking where you can specifically detail your time, who you met with, etc.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

I then would have my tax cpa enter in or do it after discussing tax based items (depreciation- MACRS, reserves, year end accruals, reserves, etc.).

Typically its done for open space or use for community property (ie. fire station location or other county use) and typicaly would assist in increasing tax base.  

One thing to think about are the tax implications of being a Canadian paying US taxes.