The key is to make it as simple as possible for you to understand.

It also stated independent contractor makes it simple and inexpensive.

To keep things simple, we will say I am renting out both units on the property and it nets me $3,000/month and ignore expenses.

Her nephew has her sign a simple piece of paper promising to “take care of the property” and she basically gives this nephew hundreds of thousands of dollars.

So we see a lot of 1031 investors exchanging into properties that have greater depreciable basis so they can really capture the full value of depreciation.Capital gains and depreciation both can be deferred in a 1031.

To keep it simple, I won't include reserve amounts or rehab costs.

By comparison, it's simple and straightforward to buy real Estate with financing.

Capture the liquidity/equity of the asset, buy another property with it, and keep the original property.

If you buy it right, you are also capturing equity when you buy it and not just hoping the market goes up.

The caveat is that two weeks ago I started looking at two other properties in other neighborhoods (one at 175k and the other at 219k) and these two seem more "simple."