It's very important that people educate themselves on how the 1031 Exchange works because there are some costs involved and some very strict rules to follow.

You may need an Architect to perform a feasibility study if the codes are complicated.

Ease up on the agro responses.The reason the code limits losses in a whole number of areas is to not incentivize activities with limited economic substance.

When you post something in certain categories, you may quickly receive inquiries asking to send you a code "so they can make sure your real" or have you email them. this is a major scam.

One of my partners finds good deals in Galveston, but the city code enforcers are like Nazis and just too much trouble for me.

You will have code enforcement issues.Good Luck.

So if your building is currently 'grandfather' you might want to double check the cost of updating all the electrical to code. 

I use the ‘strict’ cancellation policy so I certainly won’t have an obligation to do so.

If anyone wants to look at Idaho code 63-11C, that's where they want to take away the requirement that we have to pay to store an auction the tenants items.

Code is up to 6 main shutoffs.Buyer's appraisal came in at 220k (at least that is what buyers realtor said).