There are 9 different variables to look at with glass but only look at these few listed to simplify things.Ask the window or glass supplier for a product data sheet of the glass properties.

@Jim Copen: The fact that you have employees, you have to cover all employees in your 401K plan across all the entities where you have majority ownership or majority control (there are some thresholds -- I am simplifying it here).

I will give you a very simplified break down of an analysis for a rental property.

Homeowner “B” now owns Property 1 (valued at $300,000) and the $100,000, minus their share of closing costs.Homeowner “A” now owns Property 2 (valued at $400,000) with their home mortgage in the amount of $100,000, plus their share of closing costs.Both these homeowners can save thousands by not paying the closing costs, real estate fees, taxes, and commissions of two separate transactions, because the two transactions are now simplified into just one.Many people living in run-down homes just do not have the resources to fix up their home, sell it, and then buy our completed homes.

That simplifies everything and makes total sense.

I've read some others post and read other pages, I was just wonder about a little more I for about Cash Flow Notes, simplified for someone that doesn't know all the terms and understand the rations like myself.

It’ll speed up and simplify the process, but I’ll understand if you want to continue with the appraisal.

If I over simplify it to will I sell these properties I think the answer has to be yes which depending on how you read the above means it will fall into ordinary income.   

There are several guidelines but the simplicity of not having to worry about the other side significantly simplifies the 1031 process.  

Plus I would own a $150,000 property (assuming the value never changed in 30 years which is very unlikely).Can anybody provide feedback on whether or not I am greatly under-simplifying this, or if I have a basic common sense approach to getting started with investing.