Maniacs purposefully murdering children (for the life of me I will never be able to comprehend) whether in hot cars or shooting them because the maniac couldn't find his ex....

In order to successfully complete the 1031 again you must sell property held for investment and buy property which you intend to also be held for investment purposes.  

Also, for tax purposes, I have been instructed in my case to flip using a S-Corp, and hold my long term rentals in LLC's.This is not legal or accounting advice, just third hand info from my experiences.

Anthony, I don't know if you do it on purpose or not, but it seems like every time you post, you create more questions.

Although I or you may not agree with him about some or maybe everything he writes he does raise some interesting points.http://www.jamesaltucher.com/2011/03/why-i-am-never-going-to-own-a-home-again/But what's the impact on people looking to own houses for investment purposes?

Currently we are in the middle of refinancing our home and plan to do one of the following:- take a cash out to use as a down payment for a rental property - get a Home equity LOC for the same purpose - try to find an investor with cashWe're not sure what the best option would be or what we will qualify for.

.• No part of the issue may be offered or sold to non-residents for a period of nine months from the date of the last sale of an issue under the rule (For purposes of determining the residence of offerees and purchasers: (1) A corporation, partnership, trust or other form of business organization shall be deemed to be a resident of a state or territory if, at the time of the offer and sale to it, it has its principal office within such state or territory. (2) An individual shall be deemed to be a resident of a state or territory if such individual has, at the time of the offer and sale to him, his principal residence in the state or territory. (3) A corporation, partnership, trust or other form of business organization which is organized for the specific purpose of acquiring part of an issue offered pursuant to this rule shall be deemed not to be a resident of a state or territory unless all of the beneficial owners of such organization are residents of such state or territory.).• During that nine month period, all resales of any part of the issue, by any person, shall be made only to persons resident within the state.• The issuer shall, in connection with any securities sold by it pursuant to the rule: (i) Place a legend on the certificate or other document evidencing the security stating that the securities have not been registered under the Act and setting forth the limitations on resale contained in the rule; (ii) Issue stop transfer instructions to the issuer’s transfer agent, if any, with respect to the securities, or, if the issuer transfers its own securities make a notation in the appropriate records of the issuer; and (iii) Obtain a written representation from each purchaser as to his residence.• The issuer shall, in connection with any offers, offers to sell, offers for sale or sales by it pursuant to this rule, disclose, in writing, the limitations on resale contained in the rule.

I work with foreign investors around the world who invest in properties in Japan for the purpose of cash flow, rather than capital gain.

Some custodians allow for a special purpose LLC to be used to gain checkbook control of the IRA.

It kind of defeats the purpose of having a PM of course but you can do it.