Changing the use of a property does not trigger a recognition of gain bu Andy is correct also - there are two additional requirements added onto the other 121 requirements when converting a property that was previously the subject of a 1031 exchange.  

I think it's hard to argue that agents aren't overcompensated.Here's why this will fail: "Trelora's model is also different in that it pushes for flat fees on both sides of the home transaction, something traditional brokers argue will trigger a destructive race to the bottom."

the house is dry.

I may replace with a newer model or just cover the area with dry wall. 3. modern lighting fixtures will not look right with a historic house and I am still on the fence about the tiling of the wall to look like this.

Read in various locations but not near the furnace as it will always show dry.

Granted I'm still looking to close on my first deal following the course and get out of that 9-5 job...Excellent advice - stick to the numbers, be conservative, don't get sucked into bidding wars (especially those who are in markets where MLS has dried up again), have a system, and just let the numbers talk to you.

That's what the vents are for is to allow air to pass through and dry out the moisture to keep mold from forming.

@Sloan Anderson not sure I am going to be much help but putting the property in an LLC may trigger your due on transfer clause in the mortgage.

As a wholesaler when inventory gets dried up the numbers get a little more whacky.

Through no intention of your own you might trigger an IMPLIED AGENCY situation with a seller even with no contract signed for a listing.There are customer acts that are ministerial and then there are client acts.