I would think of getting a nice cash flowing property and then visiting a country that has a killer exchange rate: Czech Republic or Thailand come to mind.

If your intent was to flip the property then you did not have the intent to hold it for investment purposes and it wouldn't have met the qualified use test or qualified for 1031 exchange treatment.

I would agree that, based on my reading of that particular statute, it does limit (only in Ohio) someone's ability to act as a POA in the exchange of real estate.However, based on my understanding of Contract Law and fundamental concepts of Common Law, were this to be challenged *as applied* to how a lot of wholesalers operate, I would wager that this would be smacked down by either the State's Supreme Court or the Federal Appeals Courts.What you need is *case law* to support your claim.

Hi BP1031 EXCHANGE @Bill Exeter I have have read most of your posts about 1031 exchange.

Your experience and interactions will provide the exchange of good ideas and stories to tell. 

However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

I've got several all cash deals I need to make happen on a timeline and I'm having trouble pulling the trigger even though I'm under a strict timeline for an exchange.

What you can do (and what Trump does) is 10321 exchange into larger buildings to shelter your gains.

@Kevin SimmonsI think that you would be taxed on your total profits unless you did a 1031 tax exchange where you could defer taxes, and roll your monies into another property of greater value.  

I was about to get back to cash on a bigger sale that I wanted to 1031 exchange with.