Essentially you can charge as much rent as you want in exchange for allowing pets. 

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A foreign guy answered.

The renter asked if he could paint the inside of the home (it needed it) in exchange for his deposit.  

BTW, the Act also states that any method or program that may be devised that effectively causes a covered property to be exchanged for payments is also a covered transaction. :) 

The coastal areas have a lot of foreign money flowing to them right now.  

Hi Chris, Yes, you can allocate or split your 1031 Exchange funds between two or more replacement properties. 

But if you were to move out at any time and rent that house for a year or so, you've just created the ability for it to be treated as an investment property and do a tax deferred exchange on it.  

It's a small part to give up in exchange for other items.

@Brandon Hall - can you touch on the impact this might have on property that was  acquired via 1031 exchange, where the basis will likely be far below market value; it seems that the percentages of basis turn into small dollar amounts relative if the property were acquired by just purchasing it.