Think I'd make a good faith retrade and if they don't want it, start looking again (or I guess swallow your tongue and proceed).That's the problem with declaring you're in a 1031, they know you have one less exit.

You should also see if you can get a hold of the prior owner's Declaration page as well as an Elevation Certificate if they have it.

There is no reason for Wolf to end the moratorium if it is upheld since unemployment is likely to remain elevated for a while and tenants aren't going to quickly catch up on back rent.I can't see how the PA Supreme Court upholds the moratorium since the legislature declared an end to the emergency and I don't think the governor can defend an unbounded eviction/foreclosure moratorium. 

Please let us know how it goes.There is an exception in WA now if you declare you want to move into the house or sell the house.

An emergency declaration might justify it in the short term under the gov's emergency powers, but that is untested for this type of order.

It also has a detached garage that we intend to covert to a livable space and ultimately declare as our primary residence while we continue to travel. 

I read this 5 times before the headache I was getting made me stop.First, NEVER give rent credits, or Option Consideration Credits unless you want your Lease Option to be declared a Land Contract and have all of the rent and Option Consideration Money credited towards the purchase...as in a Land Contract.Second, please run through this again with an example using number$ with Dollar signs in front, so I can figure out an answer to your question...or figure out exactly what you question is as it pertains to Lease Options

@Jimmy KongThere's an eviction moratorium declared by Governor Cuomo thru August 20 if you're in NY.

You may never see a penny, he may declare bankruptcy, so let him.

You also don’t have to declare it as income (which you would had you collected it).