They are going to surpass other i-options for investors and providers alike, in my opinion, if they haven’t already.

Here’s a summary based on the responses:Tax Rates and Holding Period:For flips (properties bought, rehabbed, and sold quickly), profits are taxed as ordinary income, not capital gains.The holding period is calculated from the purchase date to the sale date.1031 Exchange:1031 exchanges apply only to properties held for investment, not quick flips.If intending to use a 1031 exchange, I must reinvest the proceeds into a like-kind property within 180 days.Holding a property for less than a year may disqualify it from 1031 eligibility due to lack of demonstrated investment intent.Thanks again for all the helpful advice!

They also give you contacts for title co, lawyers and alike.- Investor / Wholesaler

Just changes in the paper work.I predicted a likely outcome from the changes in this Axios article.

It's a like-kind exchange so you can technically go from SFR to multi family or commercial since it's under a real estate umbrella.

:(A 1031 exchange is also called a "like-kind exchange" in that you need to replace the INVESTMENT you are selling with another INVESTMENT similar in type.

Population Growth: 49% Population Growth over the past 20 years, Sacramento has experienced a tremendous growth in population with individuals and investors alike coming in from the Bay Area seeking more affordable costs of living and lower barriers of entry into real estate. 

According to the IRS, “Gain deferred in a like-kind exchange under IRC Section 1031 is tax-deferred, but it is not tax-free.”

A likely reason you don't see much about Melbourne is because that is merely one city in this county.

@Michael Mcghee  fine minds think alike  LOL