Partial 1031 Exchange: If you back out of the condo deal, you can still defer taxes on the portion already reinvested (the vacation rental) and pay capital gains tax only on the unused portion ("boot").3.

Land doesn’t depreciate, and while buildings require maintenance, they usually gain value as markets grow, demand increases, and inflation takes its toll.Real estate investors benefit from a significant tax write-off based on the concept that properties lose value over time, even as their market value skyrockets.

if the timber is merch  you should get a mill in there to bid on the timber.. hire a logger.. profit you use to knock the stumps out.your civil engineer should be giving you a preliminary cost to do infrastructure normally they will do these for free since they will be designing it all.. they would be the best bet anyone on line is simply  a WAG  

Chipping paint on exterior is going to be be your downfall.

So depending on when you're looking to use the funds a fixed might make more sense. 

Quote from @Alex Zweydoff: For those interested, i recently updated the blog on our website with new relevant information regarding the law.

I don't know New Jersey law, but based on your first sentence in your post it sounds like you need to send the check by certified mail, not Zelle.

For someone staying out, what are your thoughts on paid coaching?

If you both are on the title (you/husband + friends' LLC) you'll both have to agree about whatever disposition.

This one has been going on a while.