Alternatively, it reflects the fact that real-estate investors and successful businesspeople recognize the difference between guaranteed, regular income and the (often false) promise of outsize future returns.In many respects, this is similar to the 'Buy for Cashflow' vs.

Now, I recognize that every MLS is different, and I am speaking particularly about the Southern Arizona (Tucson) MLS, however I believe most MLS's offer similar opportunity. 

They all sound pretty much the same....draw people in by advertising a recognized name from TV (i.e. 

Exactamundo @Mark Creason, Every state has to recognize 1031 on the federal level. 

Holding the property so as not to recognize the loss still means you are missing out on opportunity costs elsewhere. 

You will not recognize the changes on campus.

If you have heard the phrase "don't put all your eggs in one basket", you will recognize that the concept applies to real estate investing as well.

Both federal and state legislatures and the courts must recognize that the number of tasks that dogs can perform is increasing, and the level and type of training needed to make dogs useful to disabled individuals vary considerably depending on the service provided.

Nothing wrong with speculation as long as you recognize that is what you are doing.

True story: I was sitting at a REIA meeting, and a lady behind me recognized me from behind, and said that it was because looked just like the online picture!