It usually doesn't have a happy ending for those affected and/or inflicted by such.When the cards come tumbling down, the Pied Piper is often on to pumping the next big thing, while leaving a wake of stress and financial destruction behind.Long term, the Smokies are an EXCELLENT investment for most.  

So I said its probably best to just pay the tax.If an investor overpay a ton, just to save on taxes, most likely they'll be inflicting significant financial damage to their portfolio… it’s probably best to opt out and pay the tax.1031s aren't structured in a way that makes someone "overpay" - it mainly comes down to poor planning which puts them in that situationNever let the tax tail wag the dog!

So while I kicked my (self inflicted) wounds I studied ecom, and later DTC business. 

My manager has been at this since 1996 and has a ton of stories.Always considered myself a bit liberal, but after hearing his stories and personally witnessing current versions of the same, have gotten desensitized and not as liberal when it comes to tenants.A MAJORITY of their problems are self-inflicted.

For one, this recession was really self-inflicted meaning that as soon as everything opens back up, hopefully after a vaccine, it should generally mean business as usual.

And saddest part is it's exclusively and wholly due to regulatory/political actions (ie manufactured/self-inflicted stupidity)      For those not in the know, it's worth a read the far too long list of insane anti-landlord measures recently into effect.

Generally we look at your tax bill as a self inflicted loss.

unless you are ex-military and strive on self-inflicting pain upon yourself and your wallet.

I will preface this by saying this is 100% a self inflicted wound that in all honesty did know know was happening.

I'll give myself a self inflicted slap on the wrist for delaying in reading the BP books yet, but I have until Tuesday at least be able to give a good faith answer to the selling agent.