I would make sure you are educated and have talked to people with experience with what you are trying to do - obviously there are potential obstacles that I would prepare for ahead of time but the high-level idea is a good one - add value to a property and live for free while hopefully using the additional rent money to pay your mortgage while your house appreciates.

It is important for sellers to put their best foot forward, pricing ahead of the market and putting in the extra effort to ensure their home looks great.What remains to be true is that life changes happen and people find themselves needing to buy and sell real estate regardless of the changing market.

All of the amount spent on the vehicle is boot and (assuming the purchase of the apartment) followed protocol then it would be a qualified deferment.I'd recommend talking to a CPA very familiar with 1031 exchanges and talking through this strategy with them.  

You're already ahead of the game!

Dave Savage, as a visitor....do we need to call ahead before we attend the FFREIA meetings?

Second, as @Heather Hatcher mentioned.. go ahead and start building your sphere.

This tool is available only to pro members, so I've gone ahead and made you pro for one month, free of charge to check it out.

If someone does work NEVER ever include it as equity, pay fair market price to them and if they want to invest it in business go ahead.9.

Why do so many question Real Estate as an investment and wealth vehicle, when the evidence is so dang clear? 

Thank you for your service and well done thinking ahead of living off financially free.