So for example, a taxpayer that lost timberland property used for logging could not replace that property with a parking lot and qualify for non-recognition under Section 1033.Property that has been condemned enjoys more liberal treatment, and instead of being judged by the “similar or related in use” standard, is determined by expansive definition of like-kind similar to that of Section 1031.

I have thoroughly enjoyed what the site has to offer and knew I should join and take full advantage of the knowledgeable community already here.I currently work in sales and consulting for a data management and protection company.

I'm looking forward to meeting others of similar endeavors and networking on BP!

I'm glad you're enjoying the podcast.

I live up in the Rome area and I always enjoy driving through Norwich when I'm heading south...It's a beautiful area.

I enjoy rehabs and flips but owns rentals as well.

I'm glad you're enjoying the podcast.

He can just relax and enjoy the view.

Enjoy yourself!

Browse the threads, read the comments, heck you can come right out and ask the direct question ("What do I do with this $ and no experience") and sit back and enjoy the ride.