If you do, you should expect a very aggressive challenge by the IRS.At $350K of combined value it might be worth the cost to get a segregation study if you intend to keep these a long time.

I took too long to get my property rent-ready, which led to a significant loss of potential revenue.

One long-shot option is to offer a lease at something like $1,300. 

Personally, If I could pull out a HELOC, I would use it to fix and flip which will typically make sense as you shouldnt be keeping the money out for that long and you can recycle it or pay it back and build off the capital that you got from. the flip.

What are you looking to achieve in the short, mid, long term?

I have found there to be a real shortage of long-term rentals in Ludlow and the surrounding area.  

As long as the business portion of the land is at least equal to the amount of your sale  that would satisfy your exchange. 

But long term, I can’t hope to be a little giddy, always with a skeptical eye toward the horizon, of course.Be cautious out there.

Tenants are more likely to trust landlords who demonstrate a commitment to fairness and legal standards, leading to better occupancy rates and long-term success.Adapting to regulatory changes is an essential part of being a successful real estate investor.

If you had $50K in a Self direct IRA how would you leverage that to yield short and long term dividends?