Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

However, purchasing the replacement property from an estate where your mother-in-law is the executor and other heirs are your wife's aunts and cousins raises potential related-party concerns under Section 1031(f).The IRS generally prohibits 1031 exchanges between related parties unless both the buyer and seller hold their respective properties for at least two years after the exchange.To stay compliant and avoid disqualification, ensure:The estate sells the property directly before any distributions to heirs.You hold the replacement property for at least two years.The transaction is conducted at fair market value with no prearranged agreements.Given the IRS scrutiny of related-party 1031 exchanges, consult a qualified CPA or 1031 exchange accommodator to structure the deal properly and avoid potential capital gains tax liabilities.This post does not create a CPA-Client relationship.

Also the other companies are just wholesalers, Realtors, Investors and direct marketers.

Quote from @Dave Chengoue: Quote from @Wale Lawal: @Dave ChengoueIt's great to see your focus on multifamily properties and your clear plan for self-management.

.✔ Call the employer directly – If HR is off-limits, ask for a manager’s contact instead.✔ Stick to a Consistent Screening Process – Fair Housing laws require uniform screening criteria, so making an exception for one applicant could lead to discrimination claims.

There is a 1 inch gap between the baseboards and wall and the actual floor which presumably leads outside due to my having a room with 3 walls that lead directly outside. 

It is flexible though, in that I can roll it into any IRA at any time.

Originally posted by @Brian Eastman:@Roman Stefaniw@Chad Urbshott recommending Olympia Trust and the like is what I thought I was referring - which is self-directed plan itself. 

Here is my list of the most dangerous real estate related investments for the “non professional” investor lacking direct knowledge  and experience in these investments 1.

Like any state or federal government, something happens and they swing way to far in the other direction,I applied for licensing in california and they will not accept federal fingerprints.