My understanding is that any miles put on your vehicle for any business activity is an expense.

i said, go ahead and buy it and do it yourself lol....then he asked if he could use my cabinet guy, contractors, and hard money lender....wtf

The numbers worked and it ended up being a great vehicle to get me into an 80% position and a brand new house.

I have seen a lot of empty houses around me that have seen a better day and have definitely a better future ahead of them.

I believe that the incentives set up for owning real estate help to create an attractive environment for investors and currently with inflation so high, real estate is a tangible asset that can provide unique advantages over other investment vehicles.

and since your April filing comes before day 180 all you need to do is file an extension if it's not done.But theres another huge reason to go ahead and start your 1031 even if you don't complete it. 

If you are relatively debt-free (minus a mortgage), if you plan large expenses several weeks or months ahead of time, and can control your business expenditures, you are much more likely to succeed.DON'T start wholesaling without regular full-time employment.DO start wholesaling if you have a back-up plan. 

(Not a bad idea to connect with an inspector ahead of time and over to pay him for walk-throughs after each phase of construction.

I would put some books and other material ahead of what you're currently reading if you haven't studied very long to this point.I wouldn't worry about asking questions that regard a scenario that hasn't played out yet.

I went ahead and cancelled the contract.