The gain from such a sale would be treated the same as the gain from an arms-length sale of the real estate to a third party.

I met a new friend at a Christmas party.

With this deal as it was seller financing we chose not to have a full appraisal done, though we did get a third party realtor to do a Broker Price Opinion for us. 

Then you would find your new property and your qualified intermediary actually uses your exchange proceeds to take title to the new property in a 3rd party entity called the exchange accommodating title holder (EAT). 

I would imagine parties on either side are being reasonable with extending timelines.

As an agent I do come across an occasional interested party.

We never do any type of an inspection with the tenant present, it always causes problems for both parties. 

They have also been approved for a new casino in the area so this area will definitely help increase the rent with the amount of jobs and tourism it will bring to the area. 

Is it not our duty as investors to at least be honest with all parties?       

So, a little dab of this and that.Welcome to the party!