In my position, I source deals, underwrite them, make offers, and handle all aspects of due diligence till close. 

While there are many different aspects of an exchange, they are much simpler than you CPA believes them to be.

I mean, I get the “playing it safe” aspect, but there has got to be a way to tell whether the income is UBTI, which is the second (and indelible) part of necessity for a 990T, as I understand it.

I was just curious how many of you have multiple properties and just let Property Mangers take care of all aspects for every property you own?

@Collette Douglas I don't know about the Armed Forces aspect of that regulation, but my guess based on how it's worded would be that it applies to the 183 days part only - that the property would still have to be your primary residence, just if you are on active duty and outside the state for that reason, then you wouldn't have to count your days.As for the 2 years, I don't believe it's simply owning for 2 years, but that it's occupying it personally (as your primary residence) for 2 out of the last 5 years.

If you need any help with that aspect of it please just let me know.

Hello @Rachel Heslep, Glad to hear that you are ready to jump into a new aspect of real estate.

The main aspect that interests me (for the time being) is wholesaling.Yes, I understand that every new person claims they want to do wholesaling because of the supposed lack of monetary investment.

I think along with the software and tools themselves, it is extremely important to have good customer service at all times - this is often forgotten in the digital age, so remembering that aspect is vital. 

https://www.biggerpockets.com/storeFrom more of the development and attitude aspect, below are  a couple I'd recommend: The One Thing Zero to One 7 Habits of Highly Effective People   How to Win Friends and Influence People Awaken the Giant Within How to Stop Worrying and Start Living 10XGrit