Getting money is not the hardest part, it's defining and executing the conversion.

For example, if your deal is good enough to visit it is probably good enough to absorb the costs of a few visits regardless of whether or not you could expense it, otherwise your entire deal is pretty vulnerable to even the slightest of variances.

They can keep it as an executive retreat.

To my understanding I could create a power of attorney however in the area I really don't have any one who I trust to execute.

It's the three pillars of any business: execution, capital, and sourcing.

Very excited to learn, and learn and execute some strategies.

Or should I rent out the CA home for another year, use the year to plan things out and then execute the sale and 1031 next year.

Okay, let’s see how these same properties work for them, assuming everything else is the same:Essentially, they’ve created a $30k annual earned income on these 11 properties, which can be used to pay executive salaries, and passed on to shareholders as dividends—and they’ll earn another $300k in capital gains if nothing extraordinary happens--and remember, AH4R alone has over 50,000 homes in 22 states.It sounds like a license to print money.Risks do exist for these REITs, though.

If the borrower does not have a history of renting the subject property or if, in certain cases, the tax returns do not accurately reflect the ongoing income and expenses of the property, the lender may be justified in using a fully executed current lease agreement.

For example, a lot was listed , I made the offer, contract executed, and right now I have it under contract for $7000 and the owner owes $5000 in taxes..