I suppose my bigger issue becomes the electrical.This ends up feeling like I am taking too much of a short cut.

I suppose if I had 20+ properties like many of you, I would probably dislike it much more.My CPA does prefer quickbooks, but has no problem using quicken to put together my return.

What is the steps that i supposed to do first?

I suppose a call in to the county will clarify this, eh?

I guess my point is, we're buying this house with zero intention of wanting to keep it, so if time runs out and we don't have a buyer lined up before WE are suppose to close, we just lose the grand or two EMD and walk away??

IDK about this site, I came upon it by seraching out my rights, as I am supposed to be the mortgage buyer in a messed up owner financing (my husbands sister) printed off computer , no credit check, for debt to credit ratio(in compliance to an interest rate percentage, no attny. or loan originator, a psycho mess, for a sweet and courteous girl like me to have gotten privy to.

Ask if you don't know, and ask them who was supposed to get the cert for your purchase.

I didn't think about that before, but I suppose it is good to keep X for networking and identity purposes, whereas Y Holdings would mean starting all over.

I suppose the handyman didn't take picture of it and just proceeded to fix it?

I suppose there isn't much harm in skimming a little off the top if you're looking to put the cash to good use, but otherwise paying tax on a large portion of the proceeds kind of defeats the purpose of the 1031 exchange.