If you have a 1031 exchange you should likely have the funds with the 1031 company and never touch the money.Do you mean you need a tax accountant to determine your tax liability if you have a failed exchange and cannot find suitable replacement property?  

It wouldn't be common for a 5 year old system to fail.

I released my general contractor a few weeks ago for failing to stick to his timeline and today I have been contacted by two of his sub contractors asking me for payment.

I've taken on tough shopping center properties and leased them up to 100% when others failed for years. 

About 5-6 years ago I tired them on a set of regular cabinets but the compression on the soft close eventually failed on several hinges.

An excellent question that I failed to address in this post.

If you close on a sale in a tax year and start an exchange you do not recognize any gain until the exchange is complete or fails. 

If I am wrong, tell me why and how those 3 points fail, but don't come at me with "I 7X my dollar so DMM works for all".

Another aspect of MFH that many people fail to take into consideration is the depreciation and tax benefits involved.

I was unaware that I would have to pay taxes on depreciation when I sell my rental property whether I claimed it or not...which I haven't done for the two years I have owned it. So now I'm trying to figure out how to ...