Too many folks forget to update the insurance and technically they are un-insured..Sooo many issues with these complicated scenarios. 

This amount of gain creates approximately $24,500 of additional federal tax and $5,000 of additional WI tax.Our CPA told us he doesn't get involved in the exchange rules because of the complications.

The person I talked to at the title company told me it was the attorney who complicated things, because since he was not paid, he never submitted it, and now we have to go through the process again.Is this something that typically happens?

Susan, as you said, it is not overly complicated to create an LLC your self.

My concern is that it would be starting over with all new complications and it is a 26 unit apartment complex, so a lot of moving parts. 

Also, I had written off DSCR loans because I was told these were complicated and there were better finance options out there.

If they were separately metered, each tenant would pay the $116.50 base fees and their individual use, which would be 3x higher than what they pay when sharing a meter.There are a lot of options out there, but don't make it more complicated than it needs to be.

The specifics get pretty complicated. 

But the process of presenting an offer to a potential seller really doesn't have to be as complicated as we've made it with agent coordinated transaction.

Sometimes seller financing is a bit more complicated then folks want to process since its not 'the norm'.