Looking for Ideas on 1031 Exchange Situation

2021.10.24 13:10 batlin27 Looking for Ideas on 1031 Exchange Situation

Wife and I have 2 rental properties in TX (duplexes) , we since moved away from that town to a new town and are still managing those properties our self which is a headache. They have appreciated considerably. We are currently renting a single family until our home is completed (building) in about 12-14 months.
There are a lot of nice single family homes going up in our new town. We have considered doing a 1031 on our duplexes and purchasing 2 single families but it seems ridiculous to be renting a house, then purchasing 2 other houses and renting those out while we are renting as well.
There is a nice little single family that went on the market across the street from where we are renting and I thought it would be a good candidate for one of our 1031 exchanges. Wife wants to know if there is any way for us to purchase that single family, live in it for 12-14 months and then 1031 exchange our duplex to the single family and move it to being a rental when our house is done being built. Doesn't seem like there would be a way to do this but wanted to get ideas from people here that I could then take to my CPA
Thoughts?
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2021.10.24 13:10 barbie_farts_88 Advice needed for situation with child's step mom (was redirected to this subreddit)

First time poster because I really need advice on this and I will try to make it as short as I can. Ok so, my daughter's (age 9) step mother has asked for my daughter to come for a visit around Thanksgiving to spend time with step moms family and my daughters half brother.. Normally I would allow this no problem as I know she loves my daughter very much, she's been in my daughter's life since she was 1 1/2 and my daughter always has a great time with her and her brother who I want her to have a relationship with even though they have different mothers. My daughter had been going to visit her step mom and brother (in another state) fairly regularly for over a year at this point. My daughter only visits her step mom and brother and her family because my daughter's father has nothing to do with her since step mom left him a couple of years ago and its become inescapably clear that during the time step mom and the sperm donor were togethemarried that the only reason my daughter's father had anything to do with her was bc step mom arranged visits and did all activities with the children etc. She would even do the drive to pick my daughter up and bring her home. All of this is perfectly in line with how her father has always been and now that step mom left him a couple years ago he has absolutely nothing to do with my daughter, doesn't even ask how she is or anything. It's also important to note that step mom and sperm donor live 5min down the road from eachother currently. Ok so, the issue. Last visit with step mom was before summer started. Due to father's complete lack of interest in the children (esp my daughter) and them going through divorce and court step mom and I had fully discussed and agreed that my daughter will have zero contact with her father while she is visiting bc I knew he would take the easy opportunity to look good for court and visit her. Step mom agreed and seemed fully on board and understanding my concerns and wishes while my daughter was visiting her. My daughter goes to visit for a week and during that time my partner (together 7 years) is telling me that step mom is going to let my daughter's father see her and visit and I'm defending step mom saying no she won't, we discussed it and I trust her to respect my wishes regarding my child. Everything goes great and my daughter is home on time. A couple of days later my daughter is in the bath and talking to me about her trip and she says " yeah and I really liked having lunch with Daddy!" She instantly goes quiet and I ask "what was that? I couldn't hear what you just said". Daughter says she can't remember what she just said and instantly all my internal mom alarms start going off bc now she's lying and hiding what she just said. I did hear her so I know what she's avoiding telling me. I calmly go back and forth with my daughter and I'm really getting the gut feeling that she is not lying this time and she slipped up and told me something she wasn't supposed to and is now trying to hide what she said. Then I ask step mom if she visited her dad while she was with step mom. Step mom says absolutely not and that my daughter must be lying for some reason. So now I'm pissed bc someone is lying to me and I don't want to discredit my child but I don't know who to believe. A couple hrs go by and my daughter comes to me and tells me they met up with her dad and had lunch with him and her step mom told her not to tell me about it. I stay calm but inside I'm fuming. Step mom still insisting that did not happen. So as a last attempt I reach out to my daughter's father and he tells me he doesn't want anyone in trouble but they did meet up and have lunch and he was also asked not to say anything to me. So needless to say she hasn't been back to visit her step mom yet. A couple days ago my daughter's grandma (step moms mother) reaches out via txt and asks if my daughter can come for a visit since it's close to Thanksgiving. I told her that her daughter really broke my trust badly with the last visit when she lied to me, threw my daughter under the bus to take the blame for lying, asked other people to lie to me, and quite frankly hasn't really gave a good apology kind of a half assed one, so I'll think on it and let her know. Grandma gives me her word my daughter won't have any contact with her dead beat dad while she visits and that if I say no she will respect that, they just miss her a lot and would love to have her visit and see her brother. I reiterate that IF I agree to my daughter visiting them that is is to have absolutely ZERO contact with her father. Not texting/messaging on devices, no phone calls, no pictures sent to him, no visits or hanging out, absolutely zero contact and no is allowed to even inform him that she will be with them. So I'm thinking on it and trying to do the right thing here. I haven't responded yet. I don't know what to do. My trust is definitely broken and I absolutely do not want my daughter's father leeching off the visit and seeing her after not speaking to her at all or asking about her in 2 years besides that one 30 min lunch visit I was lied to about. But at the same time I don't want to deny her a relationship with her brother and with her step mom and that family that has been a large part of her life for as long as my daughter can remember. I'm very inclined to say no though as I feel saying my daughter was lying and throwing her under the bus instead of coming clean when confronted more than once is beyond unacceptable. How can I trust that won't happen again with another situation even if it's not involving my daughter's father? Advice please.
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2021.10.24 13:10 Lightfighter214 Scourage league might be worse than ultimatum

This league just seems not very well-conceived.

  1. Backtracking is awful, never feels good. Pretty much necessary in the league mechanic.
  2. Because the league is pretty much corrupt or bust, I will very rarely engage with it other than uniques, random jewelry, or maps. will not spend hours of progress that I used for a piece of gear to most likely brick it.
  3. I am level 76 and have gotten 3 pieces of tainted currency, 2 armor scraps and a fusing
  4. Without having a normal league mechanic that gives currency, normal currency drops feel awful, making crafting harder
  5. The actual gear that drops from scourage is awful, stopped looking at it already
  6. The mobs in scourage are either a ghost town, or spawn on top of you.
  7. low-level damage because of the 3.15 nerfs still feels awful unless playing a meta skill.
  8. The beneficial mods for the scourage very rarely seem very beneficial, or even worth chasing.
  9. This very much feels like a high-end/streamer league which I am not, which is fine, I can play something else, but I would like to play this.
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