I hope all the noobs are learning from our expert-level discussion. 

Deviations from the Private Letter Rulings will significantly increase your risk of structuring this type of advanced 1031 exchange.You should discuss this more advanced 1031 Exchange structure in greater detail with your legal, tax and financial advisors to determine your comfort level with this complicated 1031 Exchange structure and the inherent risks involved.

Everyone has the same number of hours in a day, it is how we use those hours that determine our level of success.I attempted the path of "buying lunch or coffee".

Of course, a person's checking fluctuates, but most people have a general level that they hover around - myself and my wife included. 

The following is not to express any level of happiness/unhappiness with build or process. 

This conversion will begin at the end of the month.I am just sharing the above to give context to my level of experience with this type of investment.I look forward to hearing from you all.

(Creating a contract to protect the both of us if things go south) Nippon Real Estate does a lot of podcasts and provides value for foreigners wanting to invest in Japan.Properties newer than 2000 are structurally sound to last a level 6 earthquake.

Retirement accounts are designed to be invested passively so when the IRS sees you running an active business in it, to level the playing field between retirement accounts and other business the retirement account incurs UBIT. 

It also requires gaining a level of sophistication and knowledge that not everyone has the time, inclination or ability to do.

@Scott Stampsi don't know anything about it but i am just curious:what your experience level iswhat you're hoping to accomplish