Instead of the appreciation, you can make a return on your investment each year instead of waiting many years to sell for a large sum.In summary, the primary distinction lies in the investment goals and time horizons.

At the moment I have my eye on is Langiappe Builders LLC, Philip Thomas, JPA renovations, bonfiglio builders llc, Distinctive build ect.

that said, there are distinct differences with actively investing vs. passively investing and you should do research to find out which you may prefer. 

STR VS LTR- remember this distinction.

Really just something to keep it distinctly separate from you.  

The exemption explicitly states “leasing” rather than “licensing”; this distinction is important for lodging such as short term rentals, which are required to pay this tax even if you own three or fewer units.NM Compensating Tax - I believe I fall under the same exemption as the Gross Receipts tax exemption, so I think I'm exemptNM Wage Withholding Tax - I do not have any employees, so I think I’m exemptNM Worker's Compensation Tax - I do not have any employees, so I think I'm exemptNM Corporate Income and Franchise Tax - I do not have a corporation, so I think I'm exemptBernalillo Property Tax - I need to pay this taxBernalillo Business Personal Property Tax - my rentals are residential, rather than commercial, so I believe I’m exemptABQ Hospitality Tax - I lease for longer than “at least 30 consecutive days”, so I think I’m exemptABQ Lodger’s Tax - I lease for longer than “at least 30 consecutive days”, so I think I’m exemptAm I forgetting other taxes?

In that case there would be an additional contingency clause in your purchase & sale agreement outlining the contingency upon the other transaction closing, and this would be separate and distinct from the 1031 Cooperation Clause.The 1031 Cooperation Clause is just to notify you of the buyer's intent.

As for liability protection, note that there are two basic, distinct concepts all investors should understand.

One very important distinction about taking a loan from your 401k is the double taxation payback aspect.

He made no distinction.