Any tax implications, etc?  

Tax benefits (depreciation and expenses) - this gives you more money near term by reducing taxes.Of the 4 I listed, 2 are money now, 2 are money later.

@Jasmeial Jackson and Account ClosedYou both seem a bit naive about federal laws regarding this.The primary law that governs how institutions can use or share personal information about consumers is the Gramm-Leach-Bliley Act of 1999.

Do I still have time to start an exchange with a qualified intermediary or am I better off just paying the taxes?

I am certain that there are many opportunities to consider on tax and business structure before buying so curious what some experiences have been.

Beside the use of a single asset entity as noted above, the basics available to all are that your retirement funds are exempt from creditor attachment either through Federal or state law; annuities and insurance is exempt in Texas, Florida and a number of other states, as well as homestead exemptions.

Need help on how to obtain records from 2020 showing his old tax lien was released.

Asset class conversion creates an opportunity for Massive value-add, creating enough value for a cashout refi, allowing for millions to be taken out without a sale, which means no Capital Gain, which means no taxes.

Just wondering if newly weds can still qualify for the exemption and if my wife not being a citizen will hinder any capital gains tax exemption qualifications.

My questions are: Are they any implications (tax or otherwise) to my friend or the LLC?