@Sabrina Sanchez Hmmm, so I might tackle this in a different angle - if the customer qualifies, and it's allowed, how do we ethically advise our clients on action? 

Although it may seem oxymoronic (+10 points for using my word of the day), it is possible to be an ethical wholesaler.

But it also shows his ethics.

Some unsolicited advice: I am here in Las Vegas as well and I advise my clients to install a ceiling fat in the primary bedroom and fixed above lights in the secondary bedrooms, do not install an RO system, and make sure to install window treatments. 

You can get a sniffer dog in to identify where they are, and have an exterminator experienced in bed bug treatments come and treat several times. 

Keep in mind that the exact tax treatment and reporting requirements can vary depending on the specific details of your situation, so it's always a good idea to consult with a tax professional who can give you personalized advice.I hope that helps clarify things a bit!

Mind you, my country of Canada is only 7 spots in front of the US and in position 30, which I find shocking too but, sadly, am not too surprised about.Did you know that more and more Americans go to Mexico for elective surgeries or dental treatment?

- - this is usually in a state with favorable tax treatment, like Delaware or Nevada.What do I need to do to conduct business under the name of my legal entity?

@Jordan Hamilton, The key to a 1031 exchange is that the other investors are selling investment real estate and they must purchase investment real estate in order to qualify for 1031 treatment. 

Find someone who will rent it, my home insoector has commercial units and charges $300 for a treatment with success guarantee.