In my opinion, the deals are found in the gray areas of the block I just mentioned above.

I had a friend that used to for sale by owner and finance the deal to people that were in the gray area on purpose.

There is a lot you can do organizationally and structurally that will keep you busy but also reduce the gray hair for your CPA at tax time.As far as whether you've got everything you need for the form 8824 that reports the 1031 it all depends on how your reporting and record keeping have been in the past. 

@Malik Gray let me know if you come across one.

Lowes has some plastic surrounds that look like subway tile, pretty cute, but you could also clean the tub surround and paint the grout lines with a very light gray “grout renew” paint and sealer by custom at home depot.

If somewhere between 24 and 48 months would buy the house, that's a gray zone.

Too many gray areas here.

I know that assignments are the game, but I need to look further into the gray area between selling the contract and being considered as a broker for the property in question under NYC law.

@Richard Gray III Nothing is stopping you from getting pre-qualified while you do you look at deals.

Hi @Richie Thompson I do indeed!