Intangible assets like goodwill or tangible personal property (e.g., equipment) are excluded from 1031 treatment and are taxed separately—goodwill is typically taxed as a capital gain, while equipment may be subject to depreciation recapture taxed as ordinary income.To minimize taxes on the sale of the business, consider strategies such as Opportunity Zone investments, which defer gains until 2026 if proceeds are reinvested in a Qualified Opportunity Fund (QOF), or structuring the sale as an installment agreement to spread taxable income over multiple years.

My business partner owns a residential property in Seattle outright (the title is in their name and they paid all cash).

I'm looking to buy houses off market for personal investments.

Used our personal realtor How did you finance this deal?

I've personally worked with Eric more than once for a Land Loan!

And thus, intelligent persons knowing this, they have no interest dealing with a low quality, poor performance, "wholesaler".

The price was right, REI Nation offered management fee concessions, REI paid down the rate, and the rehad work was spectacular, as usual.

I personally use Quickbooks online and have a virtual (remote/nonlocal) bookkeeper.

Let me enumerate the reasons:1) my pm paid for the damages.  

While I know that return goals are different for each investor and their specific goals, it seems that a bad or low-performing deal for one person might be what another investor is looking for.