Instead, there will be unintended  consequences that will negatively impact the very people they claim to be for. 

Proximity to amenities, transport links, and future infrastructure developments can significantly impact property value. 

This will have a big impact on the Page County STR market...STR properties will shoot up in value if/when this happens. 

It remains to be seen how much this will impact the supply for those of us who have been abiding by the rules.

Furthermore, recognizing the tax advantages of utilizing a 1031 exchange can significantly impact your long-term wealth-building strategy.

No one on this forum will be able to answer his question unless he wants to provide his income tax information.Capital gains at the federal level is either 0%, 15% or 20%.He may have capital gain carryoversIt may potentially be considered a business and subject to ordinary income which would be at his marginal tax rates.No one knows where the flip is done or in what state which impacts his state income exposure.

It is important to consider local regulations, as Seattle has specific rules and restrictions for short-term rentals, which might impact your ability to rent out the property when not in use.

It will take a lot of years of interest (post tax) before you've equaled the immediate impact of losing 20 - 40% of your gain in tax and depreciation recapture.2.

Timelime of the project can be heavily impacted by which agencies are required for permitting. 

This approach will help me build equity while saving for my next investment property.Currently, I live in downtown Fort Lauderdale, so relocating outside of South Florida will likely impact my lifestyle.