Tough to beat this answer from @Michael PlaksYou can also check out these two recent posts that walk through Section 121 Exclusion and 1031 Exchange guidelines and strategyHow Section 121 Exclusion and 1031 Exchange works: https://www.biggerpockets.com/forums/51/topics/1195208-1031-and-sec-121-experts-want-to-sell-rental-but-tax-worried What not to do if you don't meet the requirements for Section 121 Exclusion and 1031 Exchange:  https://www.biggerpockets.com/forums/51/topics/1195383-5k-for-cap-gains-tax-opinion-quote-that-reasonable ...

A 1031 exchange, an installment sale, and a Delaware Statutory Trust (DST) are just a few.

Check in with @Joseph Chiofalo for what is referred to as a 'Foreign national' mortgage. 

Is this a 1031 Exchange candidate?  

Lease signing and exchange of money and keys all happens at the same time.

Sacrifice some profit in exchange for knowledge.

The attorney examines documents, reviews title abstract, renders an opinion of title and prepares to receive funds to close once all conditions of the transaction are satisfied.It may be more complicated in your state due to the custom of parties physically meeting in order to execute documents and exchanging money.Therefore, if the counsel you seek is a "closing attorney" the opinions and advice is going to be heavily biased by their experiences.

utm_source=search&utm_medium=internal&utm_campaign=booksSimply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

@Lindsey Leavitt Few comments.Insurance is the transfer of risk to the insurance carrier in exchange for your $. 

They've been my home/auto insurer for years, and came out cheapest for multiple policies.I've had several exchanges with the local agent.