- Your parents can buy replacement properties before the 45-Day period expires even if they don't formally identify them with a QI. 

They need to have proof of insurance (indemnifying you) and can pass your background check (see your local unified judicial system website to search background).Where to find these tradespeople? 

@Stephen Bruce In South Carolina, where month-to-month tenancies default to a 30-day notice period with no formal contract, it's especially important to exercise due diligence.

It's a conversion process and is quite complex to design, formally file and obtain new CO.

There is obviously a formal lease, and we also supplement with a room mate agreement which outlines the more specific things like overnight guests and expectations in dispute resolutions/ cleaning/ care for the home and appliances, etc.I haven't received one formal "LL request" email yet, other than a formal 30 day notice in the event of a move out, which is usually after they've come talked to me in person about it to begin with. if there's an issue, it tends to be pretty limited to "hey, we have this shower rod falling off"... which im usually here to deal with (and tbh most of the time they like to fix it up with me), and it doesnt need to turn into a big thing. as for keys, i have the house on a yale smart lock, so 'handing over keys' is just official move out, walkthrough of the room for damages, and then I can delete their access code and access to the smart home systems without having to re-key the house. 

  - When you are identifying replacement properties in an improvement 1031 exchange, you want to formally identify not only the address of what you want to buy but also a description of what you want to build/improve. 

These advantages include cash AS-IS offers, no requirement for repairs, flexible closings, zero realtor commission, cover probate fees, advance payments before the COE, post-occupancy agreements, no closing costs, and no formal showings or appraisals.Having previously flipped houses, I know how important is a good wholesaler to a flip and flip company.

She also issued a multi-page memo when form 3115 (repairs vs capital expenditures) came into effect explaining the ramifications to real estate investors, and whether and how they should file the form (All this was included because you were her client, and she files the form for you.) 

Hey Josh, yes this “odd property type” will give formal banks a huge headache. 

Now, apparently after some improvements, the building with the parking garage has been deemed structurally sound and safe to occupy (based on an engineering report and formal subsequent notice from the HOA).