You'll have some procedural rules you'll have to adhere to and one more form to file in that tax year but other than that it's a question of how much tax it takes to move you from gritting your teeth to screaming in pain!

However, the procedures set forth in this chapter shall not apply to mortgages of real estate and land contracts held by the Michigan state housing development authority.CHAPTER 600 REVISED JUDICATURE ACT OF 1961 REVISED JUDICATURE ACT OF 1961 CHAPTER 57.

Use your own title, they can act as advisors and answer questions on procedure.

in Massachusetts, if you don't have the before and after checklist or gave proper procedures for taking, depositing, proofing the amount, we are in trouble.what is the law there?

I have always been one to abide by any lease that I have signed, and follow correct procedures when requesting things. 

I do my own inspections but a friend of mine had an inspection on a property last week and from what he told me and looking at the report, I was impressed with the inspector and his procedures.

However, out of state LL can be done but proper procedures need to be in place and enforced.I would not let emotions play a part in any decision making.

I currently own two massage studios in the  Atlanta area.  

The IRS issued a revenue procedure in 2002 and another in 2004 that defined the terms under which these investments would, in fact, qualify as "like kind" property in 1031 exchange. 

Mostly legal/procedural worries.