Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

Last month, it told the SEC that its shares were now worth $19.26.But there’s a catch: Investors can’t exchange their shares for cash at will, as they can with shares of an exchange-traded REIT.

Cash purchase, 1031 Exchange How did you add value to the deal?

You’re paying $70k in “non-deductible” interest in exchange for less deductible interest. 

The ultimate tax hit is at most $5k (20k * max 25% tax rate) and it's probably not worth it to 1031 exchange for that little of tax deferrals.

Wise is an international bank that allows you to deposit and display statements in whatever currency you choose.  

But to answer your question, yes you can use a DSCR loan on a 1031 exchange transaction.

@Blake Kirby I just finished the first half of a successful 1031 exchange for BP clients from California...the second fourplex closes early next week.

Exchanging out of a property you’ve fully depreciated. 

Why, because of the main stable coins, it is the only one on of the largest exchanges, Binance, will NOT do a 1:1.So, you're best bets would be those like USDC, TUSD, GUSD, BUSD.