Should I consider a 1031 after one year to “cut my losses”?

Where would you go to get food if you were a ferocious starving lion in Africa?

Break-even or small monthly loss is 100% achievable here in good proximity to the parks and attractions.Please feel free to message me I can direct you to a few opportunities that may allign with what you're trying to do!

Dropping the price further would result in  more loss of at least $50,000 due to agent fees.Questions:Given my current situation, would you recommend selling the property, including offering seller financing, or keeping it as a long-term rental for a few years and then considering selling?

Generally... cost seg and the resulting accelerated depreciation and likely loss benefits you in 3 scenarios-1.

Focus on Tax EfficiencyTax-Loss Harvesting: Use taxable accounts to offset gains with losses, minimizing your tax bill.HSA Contributions: If you have access to a Health Savings Account (HSA), max it out.

I've basically paid the mortgage on this property for a year with no rental income and a ton of expenses.The other properties had their own set of issues (the IN tenants trashed the property) but this KS property was so stressful, a headache, a hassle, such a financial loss, and I've just felt lied to the whole time I want to sell all of them and get away from it.The IN house has been on the market for 76 days (since this is the first property ready to sell, KS prop.

Loss of foot traffic from Hybrid Work and California's decreasing population in certain areas.These rising costs are not unique to Rubio's Restaurant nor any other type of retail business.

Besides the constant maintenance problems you at times have to consider what happens when the ref goes out for a few days and spoils the tenants food. 

@Carolina Calvo I am so sorry for your loss.