There are no 1031 police, its how you treat the property in the future on your tax return to watch and a good CPA can keep in the clear.  

I have been watching the Rochester market for almost a year now and am moving there in about a month to purchase our first rental property.

As you read these books, watch the BiggerPockets podcasts.

For buff and poly watch a few vids online but essentially you just sand/buff the existing finish on the hardwood and then put down a few coats of new polyurethane.  

And then, more recently, how that dark shadow of inflation-doom had descended from Mordore, and the watchful "eye" had dropped a death-blow of rate increases, that this WAS it, the end, a collapse unlike any other, '08'-2.0 but on steroids, a certainty of impending "crash".........

As you read these books, watch the BiggerPockets podcasts.

First deal all from watching BP podcast.

Hello everyone,I just joined BP today, although I have watched/read their info before.I know of a family friend who will be selling their house in about 6 months or so.

The suggestions by Nathan and Tanner are great places to gain knowledge and insight for what you need to watch out for with tenants in Colorado. 

It is normally not recommended to do it once a year because you may forget certain transactions.There are various youtube videos that you can watch that can teach you everything you need to know about quickbooks.