A 1031 exchange, an installment sale, and a Delaware Statutory Trust (DST) are just a few.

If you use up all of the depreciation quickly, you need to 1031 in to a bigger property and repeat the process. 

depends when you sell. talk to a 1031 expert. what matters is intent. if you bought it to sell for profit then yes you'll pay your normal tax rate. if it is for investment and you can prove that you can 1031 exchange

Would it be better to 1031 both of these or one of these into a different house in a different area.

I bought properties needing rehab for the last 24 years, had local contractors complete the necessary upgrades only to be able to max the rents, and sold them a few years later after the numbers stabilized using a 1031.  

I have an oceanfront STR in NC that I'm considering listing and doing a 1031 into at least one or two long term rentals with potential appreciation opportunities. 

And the only way the above mentioned 1031 was even an option.

This particular strategy was personally told to me by Jimmy while we were driving from Phoenix to Las Vegas in the early 1980s to attend a real estate exchangers conference and exchange session.   

Also, as I and @Dave Foster told you on that other thread, there is no honest creativity with 1031 if you plan to 1031 into a residence where you will live immediately.

After commissions and everything these people took a 700-800k loss in under two years. my guess is this was bought for 1.2 mil as a 1031 exchange “to save taxes” these people got in over their heads and needed to liquidate for quick cash to cover debt on another investment.