I've wondered about this same situation before, my concern is always how my real estate commission will look at it in an audit.

We did a video a while back based upon a bunch of live calls that we audited - we found what Brian said, these people are calling to talk to a person, not a machine, and they will often abandon the call when presented with a machine.If you have to use voicemail, use it sparingly and call people right back.  

Call me what you want, but I ALWAYS operate within the guidelines of the law with my RE transactions and would never have an issue with someone auditing my paper trail.Once again...dead horse!

However, filing an incorrect tax return can cost you even more, especially if you later have to redo it or if it is audited by the IRS.Also, if you have not filed an extension in April - you're already late anyway, so the October 15th deadline does not change the game all that much for you.In short, you may want to consider missing the October 15th deadline and having a competent accountant do the job after the deadline if your only alternative is filing a poorly prepared return.Important caveat: missing the IRS deadline technically puts you in non-compliance with the IRS, even if you get a refund in the end.

This means that should you be audited the PLRs can NOT be used or cited as precedent and it is always possible that the IRS could disqualify this 1031 Exchange.

You need to be able to show that you are not trying to evade anything if you were to ever be audited.- I'd have the house owned or at least "managed" by an LLC to whom the rent is paid. 

We have even had a very small handful (> .05%) of clients get audited.  100% of those folks came out A-OK because they were operating within the rules. 

Just had a great experience using Ben Meyer / https://www.mystarenergy.com/ for energy audits in the KC area.

I just completed several audits of their loans with them.

You do not have to be worried about being audited by the IRS (peace of mind)Reasons for Accepting cash:1.