I have significant equity, which I won't fully disclose, but I'm keen to network with individuals in Toronto, Ontario, Canada.

As I've been telling more and more friends and colleagues about my REI journey, I've gotten more and more offers from these individuals to be money-partners in future deals.

With all this talk about 1031 and individual situation(s) being the key component....Since this is a common analysis, there must be a comprehensive analysis tool already in existence. 

If the dynamic had been as simple as "you need an LLC" I would have gotten one for them, in fact Renovo pre-approved me but did require an LLC prior to closing, in Illinois can be done on line and I think it a 10min form to complete, $150 fee to expedite and I had my Articles of Incorporation the next day. 

The property in question is a duplex, built in 1985, and consists of two adjacent townhomes that can be sold individually.

If you're just an individual that buys real estate but makes primary income from another source, just buy good properties off of the MLS and hold on to 'em. 10 years from now, the purchase price doesn't mean much or really change your return.It's like trying to buy/trade stocks rather than index funds.

However, there is such a thing as a self-directed solo 401k plan which is very popular for those who are self employed.Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own business.  

Here in CO there's an additional license required if you're soliciting money from individuals then loan it to others or even just brokering the loans.

In this scenario, you are lending money to yourself as an individual, it allows you to make regular mortgage payments to yourself rather than paying the P+I to a bank or other lender.The first step is to qualify for a Non-Arm’s Length Mortgage with a financial institution. 

Contrary to Melanie's awesome performance, most individual RE investors per multiple academic studies do worse by 3-4% per year than the REITs do, and many reasons for this, REITs have access to lower cost of capital, lower property management costs (Realty Income-O-, spends 0.6% a year on all management), and many other reasons, but big problem, REITs as very liquid, then people can buy high and sell low causing poor returns too, as above.