The 1031 positions the investor into a property that the REIT absorbs as @Joe Sera said in the 721 conversion. 

Quote from @Michael Overall:I understand the utilities will go to basis, on the interest is it able to be yearly deducted based off the conversation you referenced if using form 4952According to one of my colleagues on that thread - yes.According to court - no.

For our ADU (garage conversion), I am handling the design/engineering and then selecting a final contractor once its permitted and ready to go. 

I normally advise that people start a business as a sole propeitor in their first year.If it is successful and something you want to continue, then have a conversation regarding entities.

I have had many conversations with her friends about the differences in our markets and  have recognized for a while now that there may be some mutually beneficial opportunities to work with Canadian investor specifically. 

The sooner you start these conversations, the better prepared you'll be when the right deal comes along.Local professionals can also be an invaluable resource.

Happy to keep the conversation going if anyone wants to dive deeper into trends or specifics!

Send a message introducing yourself, sharing your goals, and asking if they’d be open to a quick conversation.

When my loan was not going to close, it was one of the options that my broker and lender told me about and actually referred me to for a conversation.

You probably need to have a conversation with her about the easy way and the hard way.