I think it's precisely that which scares people away.

All of that is precisely correct.

I was wondering if their is a housing index chart that shows the sales trend.

It's very important to be precise and accurate in BP (unless you are simply stating your opinion, then at least mention that it is your opinion) 

Set up an initial meeting to chart a game plan and determine the best course of action for moving forward with your 1031 exchange.

@William Hochstedler, that's precisely what I had in mind, but like you said I'll have to look more into it to find out the nature of the lease.

Need to search that matter and understand that you can't use business funds for personal needs, that if you need money, it comes through your "drawing account" as you are paying yourself and that is most likely taxable income to you.Accounts are broken down by a "chart of accounts" search that as well.

The issue that I have is how to precisely record the exchange in Quickbooks 2015.

More precisely I AM trying to house hack with my 1st property.

I am a new member from Houston, TX (League City to be precise), and I am very keen to meet other RE investors in my area.As a little about myself, I currently own three single family rentals, and have one multi-family under contract.