If so, then a spreadsheet could probably do.Also do you do your own taxes or have a CPA?

I think it MAY save some $ when it comes to tax time - I think we would have a lot more deductions possible to take, she could possibly have REP status.

So the seller receives wire same day so there is not much of a difference.A seller should not care about a 1031 because a 1031 is a "Tax shelter" for the buyer not the seller.

That said, there are markets that are stronger, and less hassle of a tax burden, such as Indianapolis. 

At this point they have no plans to resolve this issue other than increase taxes and replace wiring. 

I know I will be taxed higher on income and it will be harder for me to find financing.

I am researching a property that is scheduled for tax foreclosure sale in Wilmington, North Carolina, New Hanover county.The law firm that handles the foreclosure for the county says that the property will come with a “non-warranty commissioners deed” but the paralegal could not really explain what that meant.The law firm also says that they WILL sell me title insurance at the time of purchase.

Basically kill your deal if they do not like it or feel there is a red flag.If you did not supply a tax return or lease they should not consider it a rental even if you do not own a primary home.

My hope is to continue investing heavily into properties and utilizing their tax benefits!

My understanding on this is that if you build it unpermitted, the benefit at that time is that your property value likely won't increase because the square footage is not assessed to increase the value of your home and therefore the property taxes.