@Dave Foster  maybe Dave can enlighten you on how to do this and still do a 1031but I agree with @Dennis M. 

@Dave Foster

Thanks Dave Foster.

@Dave Foster will be along shortly to explain everything for us.

What do you think of the many ways to invest in RE, like innovative ways you don't have to be physically involved?

@Michael Nijhawan Long and Foster has a great salesperson Class

@Kenneth Foster I've heard of people putting in the mgmt fee and taking it out.

@Stone JinMaybe @Dave Foster can chime in...

To the best of my knowledge, the fact that you already have the proposed property under contract prior to the sale of the relinquished property does NOT make a difference.Just don't close on the replacement property until AFTER you sell the relinquished property.Here's a link to a great explanation of the identification rules:https://firstexchange.com/content/top-ten-identification-rules-1031-exchangesThe resident 1031 expert on BP is @Dave Foster. 

There is a ton of wealth in Iowa and Des Moines specifically and I think the trend continues - however, deploying some of that capital into a home grown innovative technology sector would be preferable to not.I'll get back to you with any further info on your immigration specific question that I find.Jim