It is pretty much bad news.Most chattel lenders have year of manufacture limits which varies somewhat from lender to lender, and all chattel lenders have minimum amounts they will lend because changes in laws, rules, and regulations limit interest rates so that any loan less than 20,000 is pretty much more costly to service that the maximum interest rate they are allowed to charge will yield.

Tax returns are intended for the IRS and must comply only with IRS regulations.  

The Caribbean can be very lucrative, and less chance of regulations getting in the way. 

The White House states that more than 25 percent of the cost of a new home is directly related to federal, state and local regulations and up to 42 percent for some new multifamily constrictions.If the above is factual, then the a dramatic increase in low priced rentals should occur and drive supply up.

Account Closed I was initially leaning more towards no, but heard from a few people that it's a common practice and that it's very lightly regulated which brought me to BP to get additional opinions.

What are Texas laws involving wholesaling? The last update I read was in 2017 when one can operate without licensing as long as the intent is disclosed to the seller. Seems pretty straight forward to me?

Our current options: 1) a couple that vapes and has a small dog (they say they never vape inside, but that's also what all the vapers I know tell their landlords)2) a couple that has 2 large dogs and a 36 gallon aquarium

To put it in perspective, with $30,000 you could call yourself a hard money lender to people who needed smaller amounts of money... so it isn't some certified / regulated industry.  

Did a lot of research with the IRS regulations, talked to lawyers, title companies, and researched biggerpockets on what to do.

Hi @Steve Morris, The requirement under the Treasury Regulations for 1031 Exchange transactions is that all of the parties be notified that the taxpayer is completing a 1031 Exchange.