(new apartment complexes). 

I will note, that it can become more complex depending on what contracts you have on the property.  

Many advisors don’t understand the complexities of real estate investing, fail to provide tax strategies, and, unfortunately, some are more focused on selling products for commissions rather than offering real value.That said, not all financial advisors are the same.

Hoping all will fall in place, will keep the thread updated.Usually very responsive to get your investment, then you may never hear from them again - or perhaps in court.

@Chris Seveney really, you think it's ok if all the apartment complexes stopped sharing rental history? 

Incorrectly treating a property as passive may benefit you and the IRS will absolutely change this under audit (several cases on this).6) No Tax Court Cases Exist? 

I’m not saying he isn’t right with the loophole (I agree and interpret it that way as well), it’s just so new that possible audit flag and a lengthy court case?

Too complex and the need to bring additional financing in kills the value of the 1031. 

I have owned multiple multifamily complexes in Yakima for a number of years.  

In the world of commercial real estate, especially for those of us involved in wholesaling, hard money lending, and larger commercial transactions, finding truly qualified leads can be one of the toughest parts of the job.Unlike traditional real estate, commercial deals require a more complex understanding of financing, deal structure, and the unique needs of clients—many of whom are investors looking for specific ROI targets.