Our pay is ALWAYS in our account on the 1st or before (unless it's a 1-off issue like a PCS or debt collection)  If you accept direct deposit/e-check/pay-pal etc, it seems like it's on him to make it happen.  

The San Diego Gas & Electric (SDG&E) Co. oversees much of the power supply for Southern California.

You willstill be able to deduct all your expenses on your sched E.

I came back to him with an e-mail citing the law...and he responded saying his client would be out by the end of the month. 

@David E Gardner You have made some great points In Las Vegas last year they finally allowed pot dispensary ,with limited applications  There was a mad scramble for storefronts through out the city Despite the heavy application fees $30,000 there was a lot of activity .

The E is very simple filing and less complicate items to answer.

But @William E. rightly recognizes that a unique opportunity has come your way through that walk through couple.Normally a 1031 exchange on this project would be difficult to defend because the timing and process would look awfully like a fix n flip and those do not qualify for 1031 treatment.

@Bill E.

I don’t have any construction or major rehab experience, but whole heartedly recommend you check out the E myth and learn about working on your business not in it.

@Lawrence E.