@Kyle Carter You cannot directly use a 1031 exchange to purchase a primary residence, as the IRS mandates that the replacement property must be used for investment or business purposes.

Those things won't matter if your business crushes it.

Are you building for pure investment purposes or are you looking to use some of the space for personal/personal business use?

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Your LLC has no "business" other than the asset(s) it owns.

I'm looking for advice on a situation with an investment property my business partner and I purchased in June 2024 under our joint LLC in Springfield, OR.

We both have busy W2's and don't have the time right now to do more (which I'd love to do at some point).

Which would be more effective for pitching my Airbnb arbitrage business?

@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.

I have my businesses in Denver.