I have a couple questions about this scenario:1) Are there creative ways to finance another rental property or properties to fully utilize the 1031 tax benefit even if we are having problems qualifying for financing?

Some other research that I did indicated that if there are multiple owners which have all occupied the house for some 2 of the last 5 years, then they all can benefit from the 500k deduction (if they are couples, 250k for individuals).

Does anyone know if there are any special tax benefits in this situation:Buy a 2/3 bedroom house and have the child live in one of the bedrooms and rent out the others. 

I’m also interested in rehabbing a few properties off of Salem or off Main Street by the river with the intention of moving into that neighbourhood as Dayton continues to develop.

Of course, it costs money to get the judgement, so it becomes a cost-benefit decision on the best use of your time and money.When I was a kid, my parents hired someone to help on the farm (New York State).

And if so, please share the answer so we can all benefit! 

For me, I only allow my partners to pass on "economic shares" (I am NOT a lawyer, I might be calling this the wrong thing), so their spouse will still get the monetary benefits of the partnership but not have any decision-making power unless I vote them into the company, it prevents me from becoming parnters by default with someone who may not know/understand/value/think/share my investment philosophy5.

Mainly things are cosmetic but still costly and from what I can tell, I'm sure a new roof is in order.

Does anyone know how to go about getting my newly formed LLC to be able to take over my current mortgages or if there's a way to transfer the benefits of a 1031 from my name to an LLC at the time of a purchase?

The layout of the main floor is below and I'm struggling with how to update the kitchen.