The important part is that the property had a CO (if required) or was lived in at some point in time- was this house?  

Third, yes, you are correct, you must trade equal or up in value based upon your net sale price (not profit, taxable gain or equity). 

Thirdly, the IRS will also look at the scope of other activities of the tax-exempt entity to determine whether the activity is part of a business activity or an investment.

He said that most of the time their inability to recognize and adjust for that difference, it ends up creating very poor results for both parties involved.  

In a world of negative "real interest rates"  investors flock to "hard assets", of which, real estate is a large part.  I

I expected to use a third party to make sure the mortgage was paid.

After the auction, I drove by to see that an addition for the third bedroom had been destroyed by someone stealing the aluminum siding and the rest of the house was destroyed by copper thieves and a tree that had fallen on the front.Lesson learned:  Know what you are bidding on or don't bid!

Having utilized LegalZoom of course they are providing all of these additional services, which are really just contracts to 3rd party vendors.

My wife is pregnant with our third child.I have never had a problem with any of my 5 previous loans for purchase, refinance, and a HELOC.  

Now, if you have any two of those numbers, you can calculate the third number.