(a) “Broker” means a person who, for another, and for a compensation or valuable consideration directly or indirectly paid or promised, expressly or impliedly, or with an intent to collect or receive a compensation or valuable consideration therefor, appraises, auctions, sells, exchanges, buys, rents, or offers, attempts or agrees to appraise, auction, or negotiate the sale, exchange, purchase, or rental of business enterprises or business opportunities or any real property or any interest in or concerning the same, including mineral rights or leases, or who advertises or holds out to the public by any oral or printed solicitation or representation that she or he is engaged in the business of appraising, auctioning, buying, selling, exchanging, leasing, or renting business enterprises or business opportunities or real property of others or interests therein, including mineral rights, or who takes any part in the procuring of sellers, purchasers, lessors, or lessees of business enterprises or business opportunities or the real property of another, or leases, or interest therein, including mineral rights, or who directs or assists in the procuring of prospects or in the negotiation or closing of any transaction which does, or is calculated to, result in a sale, exchange, or leasing thereof, and who receives, expects, or is promised any compensation or valuable consideration, directly or indirectly therefor; and all persons who advertise rental property information or lists.

I lived in FDL for over 10 years,  National Exchange always helped me out, but rates were a bit high, but it was easy to do deals, Horicon Bank does a lot with investors, as does Oakfield State Bank, Choice use to, not sure i they still do.  

Place was in rough shape from years of deferred maintenance and he charged under-market rent in exchange for no phone calls.We told them unit is badly in need of rehab and if they'd be willing to live through it we'd deliver them a place proud to call home.

I can see ECA DuctWorks investing time and materials in exchange for light returns after sales.

Recently we sold properties in Jacksonville Beach and using 1031 exchange, so we have been looking all over.

Colleen:We went through a similar exchange a year or so ago.  

Did you use a 1031 exchange to "trade up"?

@Patrick Liska  lumber prices flucuate through out the year and the cycles... lumber futures are traded at the exchanges.  

An entity should be formed - LLC or C Corp. in which each has equity - the Operating agreement establishes who gets what, how and when.I prefer a C Corp. as that makes it easy to take profits as Capital Gains instead of Income, and you position can be sold by exchange of share.

You have to use a qualified intermediary as they are an essential part of the exchange.