It is a powerful tool.have extra sheets comforters so you can alternate them and take home the dirty ones.

I would have a real estate lawyer worry about the details, but at this point I'm wondering if this is something that can be done, or if there are other alternatives that may be equally beneficial in deferring capital gains? 

Another alternative is to partner up with someone who has the funds. 

At the end, getting money back is the surprise I have always liked instead of the alternative.

@Enrique MoralesWhat you need is a self-directed IRA, this vehicle allows alternative investments, including real estate, trust deeds, and much, much more!

Or alternatively, leveraging the W2 job of a partner while you work on real estate is another solution.

Texas, too, has tried to seduce companies away from California.The difference in cost of living and taxes and close proximity make Arizona a nice alternative for these migrating Californians, particularly if they're from Southern California.

I had been searching BP for a while for alternatives to quit claims, quiet title or Tax title services and haven’t found anything for tax auction properties.

You could explore alternative funding sources.

If they don't sell they are also more open to alternative options that you can provide.Hope that helps,Chris Pre