For purposes of Section 1033, the restriction means that the end use of the new property must be substantially similar to the end use of the old property.

To really get into a bunch of the how to stuff go to the search bar in the upper right corner and search 'how to'.

@Jonathan Kennedy welcome to bigger pockets I think you will find the answers to all your questions here be sure to check out the learn section above Best of luck

Be sure to read up on the Learn section above.

It will qualify under the debt forgiveness(Until December 31st 2013 unless extended again) or Section 121 Home Sale Exclusion.If it is a rental/investment property, the sale will be subject to Depreciation recapture.

Probably someone that hangs around the real estate section and replies & spams all of the posts having no life and such...

Vehicles and titled trailers, toys like a 4 wheeler the lien is perfected by completing the lien section on the title and sent in to the DMV or similar state agency.It the interest is in connection with a land deal, file a notice of the other lien in the land records with the subject property, if they will do it, but it at least throws caution in a title search that may cause contractual issues, but aren't liens on the property.Don't file a note unless your recorder requires it for personal property, you may need to prove the debt was created. :).

I'd be brushing up on what makes a deal profitable and some pointers on things that could go wrong from experienced rehabbers.Use the search tool in the top right corner and research the 70% rule.

No, it does not sound like fraud merely because the buyer was in the middle of a tax-deferred exchange transaction pursuant to Section 1031 of the Internal Revenue Code and then backed out.

So far, we've only done direct deposit with the Housing Authority for receiving Section 8 payments.