I have been using it as a complete rental for the past three years and rented a room in it for 10 or more.I plan to use the proceeds to purchase a new property so I would like to use a 1031 exchange. 

Being a RE Agent in 2001, I have a complete understanding that I just touched the tip of the Ice Berg in this game but good to know that I have a support system within this and other platforms.

Because the seller would be heavily in debt after the closing and would have to take out a loan to complete the sale this has created a stand still of the process even though the buyer has paid earnest money and hired a property inspector and R E Attorney.

However, that's not completely addressing the problem.

However, the gain on the reinvested capital gain can be completely avoided if the reinvestment is held for 10 years.You have 180 days to reinvest you capital gain and you can invest just a gain or half the gain or any amount. 

Hey TonyI've worked with John for 5 years now and can say with complete honesty he's the real deal. 

But House hacking is completely different.

Going forward, every renewal I will have them complete tenant information update sheet.

With expected rent in the range of 1350 - 1450, it looks like complete 3 months rent is going to taxes.

Once it is complete it should make getting to 95 a breeze from most parts of Fay, especially the Lake Rim/Raeford area.