It sounds like you navigated the challenges well and gained valuable lessons for your next venture.

Thank you in advance for helping me navigate this decision.Hi Portia, Love the goal for 2025, great way to kick off your investing journey!

Using a large RV or boat for business purposes offers potential tax benefits, but it's essential to navigate IRS regulations carefully.

For the areas of interest (you are local so I'll say suburbs west of City Line Avenue) there are few and far between -and- have many investors sitting on large sums of cash to jump on anything that comes up (where I would be navigating a reverse 1031.) 

I also completely understand the frustration of navigating through "Joker brokers" and fake lenders who promise more than they can deliver—one of the biggest challenges in the industry today.Regarding your approach to accrual-based repayment options, that’s a huge help for flippers managing tight cash flow, and it's great that you offer that flexibility.

@Karl Kauper the best way to navigate this is to partner with a company or 1031 exchange intermediary that already has and consistently provides investment property inventory.

A tax advisor specializing in real estate can help you navigate deductions, plan for 1031 exchanges, and ensure compliance with ever-changing regulations.

I would contact an attorney to navigate the path forward. 

Every Week I scan the MLS, navigating cities and towns in South Florida that are friendly (and not friendly) toward short term rentals.

I navigate through cities and towns, identifying areas that are both friendly and challenging for STRs.