The same type of property usage needs to be maintained to qualify for the 1031 exchange.Also, be aware of the time limits involved in a 1031 exchange.

My water usage bill is the same.

Interior walls has to be intact right now, meaning now peeling, loose, flaking paint or like you said you can cover it up in appropriate manner.

This is a Maryland Historical Property, zoned for residential high density, with specific limitations on its usage due to its zoning.The property is massive, offering 8,276 square ft of space, including 5,445 square ft of finished area, and it features a substantial driveway.

I would be under that usage, no question.Where do the write offs come in then if I do not have the property in an LLC?

There are no monthly charges for well and septic, other than minimal electrical usage.

The submeter is accurate and tracks usage of anything powered on in the unit. 

and the reason I say CA is that ( and I think we had this discussion on another thread) is that when I was re upping my CA BRE license there was a pop up that said if us agents suspect anyone of selling RE without a license to file complaints and their was a link..

I apologize if that seemed inappropriate to mention.

MikeI would be surprised to find a lake house on a legal septic system, most likely the house has a holding tank that needs to be pumped every few weeks depending on usage.