If he is able to put the pieces together to make that happen, then the world better watch out for WACKO, TX! 

It can be complicated at times, but breaking the overall process down in to smaller pieces and taking them on one at time definitely simplifies the process.

Thank you for sharing your knowledge with me (and a little piece of SLC).

Have the LLC do the 1031 and buy several pieces of real estate (one for each member). 

Just looking for the automated transaction piece so that I don't have to go back to Excel.

The key piece of information missing here is what your rents, monthly P&I payments are and what you are actually cash flowing?

I personally like working with a broker because I know they are helping to vet the insurer and making sure that I am not missing key pieces of coverage.That said, from my understanding of the insurance markets basically different insurers like to spread their risk out across geography and asset class.

If you are trying to piece everything together yourself remotely I think the time and brain damage and extra cost in time and cash you would be better to go yourself and do it. 

However, you can choose to do a Cost Segregation Study and instead of depreciating the property as a whole you depreciate each piece of the property some of which have a shorter lifespan and that allows you LARGER deductions sooner!

It was a pain in the arse to run to Ikea and figure out how to piece together New Laminate wood flooring - $.089/square foot.$300Used 24” oven and apartment size fridge.$900Microwave, Sink, faucet, sink hardware $600Quartz Countertop (one 10 foot slab)$300Electrical Materials: wire, receptacles, lights, etc..$400Baseboard (had it left over from another job so $0, but would have cost around $100)New interior door, wood studs, drywall, mud  $300Paint $100Dump Fees $500Misc stuff I’m probably forgetting $500TOTAL COST $12,500Rehab cost per square foot = $25