Thanks for taking the time to explain the math.

To improve your chances, make the most of REIA meetings by clearly explaining what types of properties you are finding, your preferred areas, and how you structure your finders’ fee.

The loan qualifies on the rent, not the investor.For a lot of landlords it's not even about portfolio size, it's about getting tired of explaining their financials to underwriters who don't understand investment real estate.I specialize in helping investors make this transition smoothly.

I checked the instructions for Form 4797 or Form 1040 Schedule D, and neither explain how to indicate that the gain is deferred and not taxable right now.So either: 1) Form 4797 is irrelevant to my exchange and I don't need to file it at all, or 2) I am missing something. 

Can someone explain the tax benefits for someone who says pays $100k in taxes, both federal and state.   

@Hjiorst Fjioordsit seems like you may have to report the income reported on 1099-MISC line 3 on schedule E.If you get a notice from the IRS - you can explain your situation.Are you confident that you prepared your return accurately?

Before you get too involved in real estate, have an escrow officer explain the punitive Washington excise tax on selling properties, so you can calculate profit or lack thereof, before you take on a project.

As a result assets tied to that situation were seized or forfeited, and I’ve been rebuilding from scratch while raising my kids on my own.I’m not sharing this for sympathy just to explain why my situation isn’t straightforward and to gain insight from those who have navigated a complex situation like mine and still been successful in REI. 

Force interpretation, not descriptionAdd this line:“Do not just summarize — explain what each metric implies about efficiency, risk, and management quality.”3.

. - A marketing plan that can be described thoroughly- Past client reviews and testimonials that reflect what the agent says during your meeting- Track record - someone with relevant sales experience and past salesTo best vet agents:- Ask them to explain how they market properties... dig deeper and ask follow-up questions as needed to get as many details as possible- Ask them how they'd price the property... listen to hear how they justify their recommendation- If there are any concerns you have (i.e. interior or exterior condition of the property, size of the property compared to recent comps, location, title concerns, etc.) ask the agent how they'd address these concerns- Check online reviews, social media pages, etc.Getting recommendations is key so I'd recommend using BP's search feature to find previous posts about (or by) local realtors.In my network of agents, the name Jessica Edwards has come up with respect to Wilmington, NCAll the best!