A subsequent cash-out refinance of the replacement property (e.g., $250K on a $1M property with a $500K loan) is treated as a loan and generally has no tax implications related to the 1031 exchange.

Relevant information was censored, and they subsequently got a picture of the landscape that was something very different than the truth of it.

I demonstrated in a subsequent post that two of the many claims you stated as fact simply aren't true.There's absolutely nothing to learn from that video.

(I literally made my money back for the training on subsequent real estate deals.)  

We used the tax assessed value to help determine the value of the land and subsequently our bid.

Now it has CA code that protects them from jurisdictions that could advocate for their removal which would result in less safe units being available.It is an interesting dilemma especially if after the initial law they pass a subsequent law extending the dates.  

Maybe it can be a little cheaper on subsequent deals, if you aren't changing much.Loan apps: while you may be able to have some investor money funded before this is due, you may not.  

I have been interview by the criminal IRS investigators 2 times now in 5 years still nothing. these things grind quite slowly and it could turn out the money went were it was suppose to and they made bad business decisions and will just roll it up to a big bankruptcy wipe everyone out and continue on with a new business we see that all the time.. there is no debtor prison that's why we have business BK laws  .. allows one to crater the company and any debt or equity and then start all over.. kills a reputation but you don't go to prison..

And of course the GFC cratered many RE investors many marriages ended because of it and well even worse things happened to some folks .  

He seemed pretty transparent about both the ups, and downs - the first post is replete with red flags that he ignored, as then did the theoretical others that lost their life savings as a result of his subsequent posts (which, maybe happened, maybe not).