The new US administration is such a wildcard that timing on those is pretty unclear.

The K-1 issued to IRA parties would not be expected on a federal return, but may have tax implications at the state level.Basically, you will have a lot of administrative overhead and cost.  

Under the act, up to $2 million in debt elimination can be tax-free.Based on the importance of facilitating home mortgage modifications, in the Treasury’s Green Book, there is a summary explanation of the administration’s budget proposal and it calls for an extension of the tax break due to ‘the continued importance of facilitating home mortgage modifications.’

An attorney is usually a bit more expensive and may or may not have extensive experience in 1031 administration.

I'm not a big fan of the current administration, so I see gridlock as being basically damage limitation.

They die, become incapacitation, their needs change causing them to change their mind, they may well attempt to terminate a deal for various reasons......it might not be them, it could be their heirs or administrators.

For some investors the idea of having another entity handle the administration with the actual servicing company can be a good idea provided the investor understands the options and the party that stands between the servicer and the investor is compitent.  

Medical equipment as a collateral is not uncommon but the institutions who do much of that finance, like the SBA (Small Business Administration) has a matrix on how to value the underlying collateral.

Then, while possible, such joint ventures come with additional administrative complexity and risk.The IRA may make a down payment to acquire property and obtain a non-recourse loan where the property is the only guarantee and the IRA is the borrower.  

A native from Peru, she graduate as a professional in business administration in 1998 from IPAE, a business school pioneer in the training and development of entrepreneurs who contribute to the country's progress and compete successfully in a globalized world.