I make a contractor my best friend if you have zero knowledge before.

I used to get irate when I would see or hear some of the things spewed by wholesalers but over the years my temper has calmed as I’ve come to realize the inaccuracies they spread are in most instances not malicious, they merely have such limited knowledge that they don’t know any better.

Based on your 1031 experience/knowledge, do you think this scenario can justify selling it as 1031?

I like working with a diverse group of honest people and giving back the knowledge I have learned around the way and to share with others.

I'm not knowledgeable about your situation, but I'd ask them if they have other bar/restaurants in the area.

Would be happy to connect and knowledge share if you are Interested. 

Ty so much for such a thoughtful and knowledgeable answer. we are pretty close on the purchase deal terms and will start marketing our group of 10+1 duplexes just as soon as we have a firm deal.

Build your knowledge base through books, podcasts, and online communities.

You are asking legal questions and your best bet would be a quick consultation with a knowledgeable real estate attorney in your state.

The podcasts are an amazing resource for building knowledge to get started.