Reinvesting it has no effect on the tax.Reinvestment within that activity, such as if you have a rental and if you spend that 15k to repair the house, which is expense, you wash out your income. 

5 - The difference between Spending and using Money6 - ...that's the basic list

Seems doomed to fail in any sort of market correction. maybe its like publicly traded companies that have Billion dollar valuations but make no money :) 

So when you sell your new Propery at 375k, you basically get tax at the same amount.if you are eventually going to sell within few month, why spend money on 1031?

I did that once and even though the property was clearly abandoned I had to go to court and spend my time and money for an attorney just to win a ridiculous case that should have never gone to court.

They also don't want to spend a penny on the lobbying to fight these ridiculous laws.

It is very easy to give textbook advice (spend more $$, replace everything, dont get multiple quotes). 

Suggest you spend some time looking at sites like Zillow, Redfin go to open house see inside and asking price. 

I've seen so many of my friends start their corporate jobs making huge incomes, living in expensive apartments, spending all their money on avocado toast, hating their lives, and not actually saving much money year on year, which I've just never been able to rationalize.

Up until now I’ve let him control the budget and the spending, he’s the GC.