This is all very foreign and confusing to me.Also, the vast majority of the seller financed properties I am finding have a balloon payment after a few years.

There is very active discussions on handling reservations, screening, taking credit card payments, handling foreign reservations, gift baskets, how to manage the locks (high turnover so keys are a problem), cleaning and maintenance ideas, etc.WARNING: The list is mostly about the operational aspects of a VR business.

What does a 1031 exchange do to the delay of the tax benefits and the depreciation?

I was thinking a $40k buy-in, in exchange for equal (1/3) partnership.

If you create the entity in NV you will still have to register it as foreign entity in OH.It rarely makes sense to have the kind of foreign or tiered LLCs gurus push.

You will however also consume much more time, take much more risk in exchange for that higher rate of return.

And no, Obama happened to be in office, there's no underlying issue with foreign policy or other issues.

Instead of the bank providing the funds to purchase the house, the seller gives the house to the buyer in exchange for a promissory note secured by a mortgage.

I don't know, if you awere of, there are some mortgage programs available for foreign buyers, too.

I have considered that question as well, however for me, the deciding factor is taxes -- I am worried that trying to 1031 exchange will push me into not such a good deal, and otherwise, I would rather not pay the federal + ca taxes on the gain.