TAx benefits - such as looking for depreciation or doing a 1031 exchange.2.

Would the proceeds from the perpetual easement be 1031 exchangeable? 

Would i be able to avoid capital gains by selling it, then using  a 1031 exchange to buy a multi family unit that i plan to also occupy?

. :) What you've been taught wholesaling is, (connecting a buyer and seller together in exchange for an assignment fee) is simply brokering real estate.

So you’ll have lower deductions in the future and owe all the taxes back if you ever sell without a 1031 exchange. 

The thing is will be buying properties through 1031 exchange and I don’t know if partnerships would work.

How can I help you achieve your goals in exchange for you helping me?)

Is the mountain/city view home worth the exchange of area of PV?

If she made say, $275K from the sale of her condo, then there is no capital gains tax on the first $250K, but she will pay capital gains on the remaining $25K.If the condo is an investment property, she can avoid paying capital gains if she does a "1031 Exchange". 

No "headaches" except for risk of near total loss of principle unless I put more money in...I'll take the risk of a project that I need to complete personally in exchange for a near-perfect risk/reward profile and complete understanding of the investment.