I'd suggest you work with a knowledgeable attorney when structuring your investment and check with the IRS or your own state's taxing authority regarding the threshold at which passive investing status switches to "dealer status", making your LLC an operating company.

For the issuer of a security to a group of accredited investors, what exactly qualifies as 'reasonable steps' in verifying an investor's 'accreditation' status?

In order for a 1031 exchange to maintain cap gains deferred status the replacement property needs to be in the same tax ID.

Syndications open up a lot of possibilities and most of the operators require accredited status.  

If you deposit RE and the CRT sells it to reinvest in income-producing assets, neither you nor the trust pay any tax on the sale because of the trust's charitable status.

We later refi'd and were able to amend our status then. 

go to 11th floor, talk to lawyer, agreed order, boom boom see you in 3 months for status update ..easy … I got to the point that I don’t even come to court.

But given your employment status that might be tough without private money so let's leave that one alone for a sec.The statutory order of the 1031 is that you must close the sale of your old property before you close the purchase of your new property.  

I have no issue with good wholesalers or good agents/brokers, simply pointing out that licensing is an artificially created status created to generate revenue and control for the licensing authority.

The following idea I have in mind, in my opinion is very simple, cost effective, preserves my tax status (hedging my W2 income with loss coming from my properties) and most importantly is done in good faith not trying to defraud anybody…just to protect myself against frivolous lawsuits or when my insurance policy or umbrella policy declines my claimHere we go …LLC – I have turned down that option.