If you do not repatriate all of your earnings in the same year they occur then you lose the Foreign tax credit and hence doubly taxed.

They're simply paying less on the listing side, in exchange for less service. 

Another good resource is the vancouverrealestatepodcast.com that talks about local market, mortgage rules, foreign buyer tax, investment strategies, local to Vancouver and surrounding area. 

This seller was ready to sell now and wanted to roll the proceeds as a 1031 exchange to a property in his hometown of Virginia Beach (where he was currently living).

In 2013, I was in the process of getting divorced with my first wife who cheated on me, I was accused and convicted of a crime I never committed. and unfortunately, I made some stupid decisions and wound up bankrupting twice for trying to find an easy way out of my attorney fees($25,000). my bankruptcy discharges in June 2020, so it's very hard to be considered with an opened bankruptcy and a dented credit score. but, in June 2020, I am I am a motivated future real estate investor who has just started reading the bigger pockets books(great books) and am currently saving money to purchase my first fourplex in June 2020. as I am waiting, I received a General Manager promotion at my job and my credit score is also at its highest since 2010, and I was wondering if anyone knows of a good book that may help me with advice with my new and foreign promotion?

I originally thought we wouldn't be able to 1031 exchange it... but now I'm wondering if we can.

As someone who is just starting out, the process of looking for a deal is completely foreign to me right now.

It would apply to sales/exchanges after 2017... not acquisitions.

On the LL's side (your client) it may be that they're happy to relinquish CONTROL to the tenant in exchange for a lower rate. 

While I am not familiar with your specific market, I do know the US has been having a large influx of foreign cash as they like US real estate.