Spill the beans.... what did you get it under contract for, what did you sell it for, what was your profit? 

As with most house hacks there will also be an Add Value component and with many of these homes being nearly a century old there is room for this.

He just liked to come in have coffee and chat all day :) He did not need the money since his retirement pay was based on # 1 senority at SFO on the 747..

The QI for your 1031 must be an unrelated 3rd party to you in all ways. 

Its too small to be an egress and since its unfinished space an egress shouldn’t be needed. 

If anyone in the D.C. area wants to meet up for coffee, I'm buying! 

As a foreigner getting conventional lending might be an obstacle and I think there will be many people on this forum that can provide resources to guide you through. 

I must be listed because I fall into "category 2", and if there is an applicant that falls into "category 2", then there has to be an applicant that falls into "category 1", which in this case, would be the employee at the company that directly filed(on my behalf) the documents with the state.  

It's time to be an owner not a renter anymore. 

Real estate can be an amazing tool for reducing taxes.