“He who asks is a fool for five minutes, but he who does not ask remains a fool forever.”Sorry if it is coming off as Dumb or silly but I mainly ask questions to LEARN and engage with the community of investors My statement was playful, yes I would contact lawyer if I needed one.

I want to engage in seller financing option with an owner, who owns his property out right.

If you do engage an environmental engineering company to do a Phase 1 report, be prepared for them to recommend a Phase 2 that would involve drilling soils samples as their further action recommended.

The more you listen, the more you engage in conversations in this industry (networking)...the more comfortable you will be moving forward on something with the opportunity presents itself.

If it is a flip - then you cannot use 1031. 1031s are for rental properties.If it was a rental - then yes, you can use a 1031 exchange. 3 pointers:sometimes it makes more sense to pay the tax, so run the numbers firstuse an experienced 3rd party intermediary, like @Dave Foster or @Bill Exeteryou must engage them before you sell the propertyGood luck!

California now has a pretty onerous brightline test of sorts after the Dynamex case last year in the CA supreme court.A hired worker will be considered to be an employee unless it can be shown the worker passes ALL of the following test:1) The worker is free from the directions and control of the hirer in connection with the performance of the work, both under the contract for the work and in fact;2) The worker performs work that is outside the usual course of the hiring entity's business; and 3) The worker is customarily engaged in an independently established trade, occupation, or business of the same nature as the worked performed for the hiring entity.Note this is a lot more restrictive than the federal "questionnaire" for an employee vs IC determination. 

Check out columbus deal maker sessions and join their facebook page. that's the only one you need to go to. 

Please share your thoughts; I have my own position on this but I’m interested in hearing everyone’s position.Thank you for engaging with me!

If the lights stay green, you'll need to engage at a minimum, civil and structural engineers.  

In the summer, tourism is huge as it's a Cruise Ship Port and in winter the legislature comes to Juneau for session.