So the home would not be turned into an assisted living facility but merely would be leased to the neighbor, who is a foster parent who has run out of space in her home.

This is one main reason why I got into RE is because I realize I can help other people along their journey just like everyone here and other places has helped me. RE

Merely finding a more desirable property is not one of the qualifying reasons though.1031 exchange mentioned on this thread will not work for you right now, because the property is currently your residence.

I didn't express an opinion on pre-construction I was merely mentioning that the number of projects that have gone wrong is minimal compared to the number of projects that have done well.

Cost segregation, as long as you qualify, is merely a tool to "manufacture" such a year. 6.

This is merely to solicit mentees and buyers of their courses.

Can I issue a 1099 on the IRA's behalf by merely putting in their tax ID #, the full name of account: "Equity Trust Company FBO [my name] traditional IRA" ?

So, let me re-phrase my earlier post:-You wrote: "Each $100,000 in appreciation provides me $700 MORE rent".Interesting, that you already decided your PTR will stay the same over time!

I'm just merely saying it's easy to say why its #1 but I don't care to argue 1 or 9 or whatever.

I know, technically, in NC you are really supposed to do a double closing; however, I know some who merely assign contracts and attorneys work with them on this.