My husband and I are the employers and we have employees in our plan with their own accounts.

Hey @Dave Foster, as someone who plans on selling on a 1031 exchange in the next 12 months, I have a question:  in the scenario for the buyer you outlined above, it doesn't seem particularly beneficial to the seller, because if they keep the note outside the exchange they're paying taxes on a boot that they wouldn't have if they got a different buyer who could meet their price, or they're having to replace with outside cash the note inside the exchange.If I were the seller (and like I said, I will be in the next 12 months) I wouldn't like either of those outcomes. 

I plan to go meet with the SLC Zoning/Permitting office to learn all I can, but thought I'd reach out here first. 

**Contingency Planning:** What is your strategy if you need to repossess the property?

Unless you were planning to do them anyways. 

Would you lend your own money to someone that is planning to buy an investment property, but has no experience managing one?

The mortgage servicer is putting it up for auction so we plan to buy it there.

The plan is to use the cash to brrr or flip a couple properties. 

We plan to sell and use the $500k exception to the capital gains taxes because we lived there for two years. 

A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.