The SEC imposes this limit for a reason.

For example if you purchase an SFR and it is vacant, and you also build an ADU, you can impose any dollar amount for rent.

@Ben ChowIt seems the city and its employees are still working to implement and impose the new laws.

They had regional meet ups to share and market their properties and put these wonderfully complicated but fun daisy chains of exchanges.And of course there's a few companies out there that have a stable of properties (particularly the fractional DSTs etc) that have properties you can actually look at.But the current 1031 regs really make this unnecessary. 

I know in northern Virginia there are a restrictions imposed by the cities and also some HOAs restrict short term rentals.

Why don't we just drop our insurance coverage, after all's it's just an unnecessary expense. people don't seem to understand that in the investment world, Arbitrage is a term for going long on something somewhere, and going short elsewhere to try to capture a small price inefficiency.

Things that prevent us from getting maintenance calls.Worstwe over paid a contractor.And we put glass fronts on a kitchen cabinet that looks great but kind of risky for a rental and unnecessary"

You're suggesting both the firm and the client engage in low-value and unnecessary work because of the specter of "maybe the IRS might have questions". 

"Encourage “circuit breakers” on property taxes to protect homeowners in gentrifying neighborhoods" OR "Impose a 2 percent Empty Homes tax on the property value of vacant, owned homes to bring more units into the market and curb the use of housing as speculative investment") but for the House Flipping tax they don't.

"(3) (A) A local agency, special district, or water corporation shall not impose any impact fee upon the development of an accessory dwelling unit less than 750 square feet.