It appears the IRS may withhold tax deferral if ownership changes immediately after the exchange.

Tim does a 2 hour call once a month and occasionally appears on the daily coaching calls.

Real estate generates a return through cash flow + appreciation.It appears that cash flow is negativeAppreciation appears to be 0% over 2-3 years based on zillowThe question is what you beleive the future will hold for cash-flow and appreciation.Cash-flow will likely continue to be negativeThe question is what do you think about the appreciation for the bay area.If the property continues to stay at $850,000, it will likely not be a good decision to hold on to the property.If you think the property can appreciate to $900,000, $950,000 over a few years, then it can potentially be a good reason to hold. 

@Bill RiderTalk to your cpa but the answer appears to be no based on what you provided

while it’s always possible to structure scenarios where you are both a broker and a principal, the APPEARANCE can be one of impropriety.  

Since there is family in 3 of the 4, those units are all below market - which didn't help with purchase.I've already introduced myself to the tenants and have referred to a "business partner" which I don't have and made it appear this isn't my only building.

The rest of the millions, and millions, and millions, and millions are interviewed at the border, given a court date up to 10 years in the future (which less than 10% actually appear for), and then they are released into the interior of our country.

WLLC doesn't require personal information to be public so that remains private.Yes, my name will appear in the public records of FLLC1 and FLLC2 but these entities are not publicly linked to the property.Apologies for the long post and thanks for reading all the way down here.

It appears you missed my point. 

Something to the effect that we do not have any, and if any appear after the first 30 days of move in, you brought them in are liable for cost of mitigation.