In order to defer all tax you must do two things:  First you must purchase at least as much as your net sale (the contract price minus closing costs). 

It must have taken me 18 months before I bought my first deal, and I say, make 100 more offers and then you will get yourself that one great property!

It says "can allow" not "must allow". 

@Lakshmi Nikitha Duggirala- is the 2% rule a must have requirement for your investing criteria? 

I deal with more protection for my business since I'm a contractor but this seems a bit overkill.Carrier: ScottsdaleSix-Month Premium: $1179.5625% minimum earned premiumCoverages & Limits:Commercial Property: $125,000 Building Limit – Special Form excluding theft; $2,500 deductible; Replacement Cost Coverage; 80% CoinsuranceCommercial General Liability:$1,000,000 each occurrence; $2,000,000 aggregate limitProducts-Completed Operations Excluded; Designated Premises/Project Limitation included.Conditions: All subs must carry equal or greater limits of liability naming insured as Additional Insured, hold harmless contract in favor of insured, with Certificates of Insurance.Thank you in advance for your consideration.

Second you must learn to operate your business as a business.

USDA loans have some big limitations- the property must be in a USDA area and you have income caps.  203k is a great option if you find the right property.  

They cleared it to close so it must have been some processor's incompetence. 

The standard mileage rate is subject to certain rules and you must choose to use it on the first year you have the car then on later years, you can choose between the 2 methods whichever will give you the most deduction. 

(MUST BE LICENSED IN DC) The job is worth about 70-100k.Please let me know if you're available to discuss.Zip Code: 20032