There is a lot you can do organizationally and structurally that will keep you busy but also reduce the gray hair for your CPA at tax time.As far as whether you've got everything you need for the form 8824 that reports the 1031 it all depends on how your reporting and record keeping have been in the past. 

The local municipality likely has jurisdiction over the issue....who supplies power to the pole?

Also, under tools, then file cabinet, you can find some wholesaling contract so you can get an idea of how it's structured.

Thanks, its pretty easy to arrive at a breakeven on any given term / rate structure vs the existing 30 year fixed, 3.25%, with 23 years left on the note.   

People want to be there, plus there is a shortage of real estate (supply). 

Does it depend on the type of structure on the property?

Hi All,We have a 4-plex comprised of 2 structures - one structure is built on a concrete slab and the other is on a raised foundation.

It seems that you don't have correct understanding of taxes/entity structure, hire good CPA (there are quite few of them here on BP), would be well worth it!

I can't get the idea - how can we benefit from the fact that there are no more constructions in the city, if it is already oversaturated with supply?

I would say it sounds like you have a good opportunity if you structure things correctly to replace the income.