We are in the banking and FX trading business.

The 1031 is based on trading like for like, so it's effectively a barter.  

As an accountant by trade working for all the big oilfield companies in know this is the worst thing someone can do.

Many investor to investor properties trade via auctions.

Sellers will trade equity for peace of mind in distressed situations or other situations where it make sense for them to do so.  

I have had the fortunate advantage to grow up with all of this accumulated knowledge around me and have worked for many of them learning the individual trades.

Hey @Oliver BonkWhat about renting the space(s) out to skilled trades?  

Just like a pair of pliers is used differently by plumbers, electricians, and other trades people - same principle, different application for vastly different goals.As you're learning about 1031s come from the approach of your goals.  

Hi @Delany Olson, you definitely have the right frame of mind in seeking a mentor - a seasoned local investor can be invaluable in helping you learn the tricks of the trade here.I definitely struggled to find some great mentors myself, however, and I think that my experience could perhaps be of value to you!

If you need help with permits, construction services, trade permits, third party inspections or architectural drawings, I'm your girl.