(ii) Exceptions The term “period of nonqualified use” does not include—(I) any portion of the 5-year period described in subsection (a) which is after the last date that such property is used as the principal residence of the taxpayer or the taxpayer’s spouse,(II) any period (not to exceed an aggregate period of 10 years) during which the taxpayer or the taxpayer’s spouse is serving on qualified official extended duty (as defined in subsection (d)(9)(C)) described in clause (i), (ii), or (iii) of subsection (d)(9)(A), and(III) any other period of temporary absence (not to exceed an aggregate period of 2 years) due to change of employment, health conditions, or such other unforeseen circumstances as may be specified by the Secretary.

Their secretary told me that scoping my line with the camera would only cost $150.00 which was the cheapest price I was quoted.

Using your office as an example (I am sure all offices are different), who would one get in contact with to present at the meeting...the broker, the office manager, or the secretary?

You typically have two years to find property that must have a similar use: Our friend @Bill Exeter has a great page detailing this type of exchange: http://www.exeter1031.com/1033_exchange_faqs.aspx#howSection 1033 US Tax Code(B)Period within which property must be replaced The period referred to in subparagraph (A) shall be the period beginning with the date of the disposition of the converted property, or the earliest date of the threat or imminence of requisition or condemnation of the converted property, whichever is the earlier, and ending—(i) 2 years after the close of the first taxable year in which any part of the gain upon the conversion is realized, or(ii) subject to such terms and conditions as may be specified by the Secretary, at the close of such later date as the Secretary may designate on application by the taxpayer.

He will call me himself, no secretary etc and I really like that.

After that you can switch over to the llc..Creating the llc will cost a few hundred bucks then nc has an annual fee you have to pay..I believe it's 125..you can find it on the Secretary of State website .

Then you would need to go in to the secretary of state website to fix the registered agent.

You wouldn't need to do a skip trace to find out who the President/CEO, Secretary, Registered Agent and in most cases the Treasurer of the corporation are, the local Secretary of State in that state would have all of that.

If that's the one you are looking for you might follow-up by searching the California Secretary of State website for more details.http://www.corporationwiki.com/California/Yucaipa/ptl-partners-llc/46937958.aspxMike

I am thinking of renting a shared office space unit (admin secretaries are there 8-5, 5 days a week I would be there 4hrs per wk... hypothetically) that I would use exclusively for business only to meet wholesale clients and suppliers.