there are ways to get around the highest and you also need to take into account the savings you will generally have on the purchase side when compared to other regions. 

I also paid interest on the loans.Is the utilities for the house that is completed and rented a expense deduction for the year or does it go into the basis?

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If not, then what he is trying to do is to avoid his reputation going down the drain and lose any future credibility and trust in the future. personally I am just familiar with the basics of buyer seller representations in a general sense you will need a FLA Broker or Attorney to describe to you based on the documents you have if there is a Duty from the agent on this transaction..

I see potential hurdles when it comes to resale but who knows what the future holds for these type of properties.

Is it worth the extra work?

They claim they do all of the marketing, connect with the leads, negotiate the deal, and close it.

I guess in hind sight it’s one Or the other.

Hi Ryan,Welcome to the landlord journey!

You can do an exchange for less than the full amount, but you will owe taxes on the boot.