RE Strategy help Tax/1031/development

[Marc V.]

We are small LLs in Seattle and are looking to demo our primary and develop the 12000 sqf site into several units. Town or Row houses or SFRs whatever makes best sense. The current house is on three parcels that combined to one tax parcel, in an outstanding view location.

We looking for advice to finance this development in the most tax advantageous and profitable way. We are looking for an RE financial planner /CPA /retirement advice with experience in this area. We are considering to sell another investment property to partially fund the costs. 1031?

Advice appreciated.