Flic and Flips don’t typically qualify for 1031 exchange tax benefits. 

@Randall Tannen  could you please clarify what you meant by "non-residential real estate"? 

The business and real estate value are packaged in the deal, and the crux is that the current owner is the operator who has mismanaged, and is looking to retire.

When I'm starting to talk with real estate agents and they ask for more information about me, what should I be providing them?   

Hello All 👋🏼I am a Property Manager looking to connect with like-minded real estate enthusiasts.

The tenants are not working with the owner to create a win-win; they are doing everything they can to benefit themselves while holding his property hostage, probably hoping to procure a bigger payout.I would withdraw all offers and hire an attorney immediately.

The exact amount of capital gains you can offset will depend on the cost segregation study results, so it’s crucial to discuss this with your tax advisor to ensure you’re maximizing your benefits while staying compliant.

It is very crucial to have someone who knows real estate, not just rentals to help maintain the books. 

You're going to win way more often than not if you stick to real estate for the long haul.

Ultimately, a few tenants will benefit and the vast majority of them will be hurt.