If it looks like you need some more muscle, engage a CPA at that point.

. ;-)  In some instances a portion of the taxes paid to the IRS may be claimed as a credit on Canadian tax filings.The same would hold true for many other foreign nationals.The important take-away is for anyone with intentions to invest internationally obtain precise and accurate tax advise before engaging. 

However, the upside is that many newbie investors do some very dumb things, particularly when it comes to engaging in civil issues with their tenants. ie: entering without 24 hours notice, having no familiarity with the basic eviction process, etc.

I find that by living in a community with different people, I am more physically active, mentally engaged, and life is overall better.

Generally it will cost you anywhere from $1000-$2000 to engage a QI for your 1031 exchange.

I've literally made one trip to the office and asked as many questions as possible within my limited time there due to other engagements. 

I also agree with Aaron- Definitely get the partnership details in writing and looked at by your attorney before engaging!

Regardless of funding this deal banks are going to want skin in game. Real

If you negotiated a cheaper cash price you are engaging in fraud!

I don't rent to people engaged in questionable activities, tax evasion or people who have revoked licenses (if they drive up to the property).