There are accountants who say that applies to the opportunity to discount sale and/or basis shift to further lower the tax bill.  

Purchase price: $30,000 Cash invested: $80,000 Sale price: $135,000 First rehab.

I dont know the market in Las Craces.....but in the DC area, we definitely have a seasonal adjustment on sales, and if the property was here, it would have been listed at the worst possible time. 

She's our CEO for both our Sales and Property Management companies as well as she co-owns a contracting company with her husband while managing a whole bunch of kiddos!

Again, see question #1.Selling as-is means selling it cheap, no hassle, quick sale.

Buying an out of state rental property from a realtor, wholesaler or off facebook or zillow etc as opposed to from an operation or turnkey provider who has an active, substancial, and effective boots on the ground team or teams to support you after you close on the sale. 

I may not have resources today, but I bring something just as powerful: the willingness to outwork, outlearn, and outlast anyone else in the room.Here’s what I’m focused on:✅ Learning from experienced investors.✅ Building strong relationships and partnerships.✅ Exploring creative ways to get deals done, even without a ton of upfront capital.I know that success in real estate is a team sport.

Ensure you work with a team that is familiar with them (accountants / lawyers).A 1031 exchange is a way for real estate investors to defer paying taxes on the sale of investment property.

By the time a property is formally put up for sale in a town that size the locals have know it was going to be sold and had their chance at it.

@Mohammed Islam, The claim of loss due to the tenant moving out for the sale COULD absolutely apply to the situation.