Deeding the property after notice of foreclosure can really cause you a probable, could be seen as a ploy to avoid the process violating federal law.

You have exactly 45 calendar days from the date that your replacement property is "parked" by the Qualified Intermediary to identify what you are selling, which most investors already know so it is just a formality, and you have exactly 180 calendar days (including the original 45 days) to complete and close on the sale of your relinquished property.The other benefit of the Reverse 1031 Exchange is that in the unlikely event that you are unable to sell your existing property within the 180 days in today's market, you have a failed Reverse 1031 Exchange, but since nothing has been sold you have no taxable gain to worry about.Personally, I always use the Reverse 1031 Exchange so that I do not have to stress out over the 45 day identification process in a Forward 1031 Exchange.

Jobs are here (lucratively in the oil industry and federal spending) with average household income at $72,000 which weathered the housing recession quite well and so RE has been quite flat, not depreciated.

Here in Canada, the Tenant is protected by PIPEDA {Personal Protection and Electronic Documents Act} - a federal privacy act.

An attorney will assure you are abiding by the federal and state laws.Every state has unique laws.Every state has unique legally acceptable legal forms.The attorney will also provide the best advice and options for your specific needs with a consideration for your future.

She may no, or very little taxable gain.

An attorney will assure you are abiding by the federal and state laws.

@David Guzman , first off while some state law might apply, it is my belief that it is a matter federal law, or at least a banking regulation involved.

That sounds like a great time.I think any reasonable person can see why an 80% would be preferred over a 90% in this case.Also, the federal government should have absolutely no right to tell the states that something like this has to be mandated.

Busby ("Buyer") purchased a home using a federally insured loan.