Michaela:"Eight of the nine named defendants are being charged under the Colorado Organized Crime Control Act (COCCA), accused of a pattern of manipulating homeowners who were facing foreclosure, creating and processing forged and fraudulent documents relating to the properties, and using the forged documents and other actions to defraud lenders and subsequent buyers."

It is questions like these that prompt the types of answers and then subsequent beliefs as illustrated in this thread.  

I've had to find "creative" ways to get reasonable insurance coverage on my subsequent deals including taking the highest deductible plans since I know now not to file a claim unless there's no other way around the issue.

In October, there is subsequent tax due of $1000 on that property.

You're not actually selling the properties and then subsequently buying vacant land in a deferred exchange. 

You can likely take a trip to the office yourself or mail in the document to the right address, but you may prefer the peace of mind having a professional see to it for you.There are several more items, but perhaps the best practice is to gain professional help for the first go-around, learn the process and depending on how complicated you deem it to be, decide either to do it yourself or continue to get professional help on subsequent properties. 

Hello BP Community,I am wondering if there is a tax advantage for an investor selling an investment property to another investor through owner financing.So instead of the seller listing and subsequently selling a NOO property and paying capital gains tax, they carry the note for the current buyer. 

Is that because the original TC holder gave up paying the subsequent taxes, thus a new TC went up for auction?

A sale/leaseback deal like this can be viewed not as a sale and subsequent lease, but as a loan.  

What's more, you can continue to 1031 subsequent rental props, leapfrogging your portfolio over the course of your whole life, deferring taxation all along the way.