After operating the STR for the first year can we turn the STR into our primary residence for 2 years then sell and avoid capital gains tax and depreciation recapture instead of doing a 1031 exchange?

Feel free to share any insights you gain along the way.Jackson

If you're open to collaboration, that could be a fantastic way to gain hands-on experience.

The U.S. offers real estate tax benefits like depreciation and favorable capital gains rates, which you can leverage while residing in Canada by structuring your investments properly. 

Thanks James for the info, I would love to talk more and gain some insight if possible.

The majority of that time I was using it for personal gain, buying properties essentially for myself. 

Attention: Beware of Non-Bank Fintech AppsI hope this message finds you well.

It’s gaining traction in some areas as a proactive approach to stabilize tenant behavior and reduce defaults.

Tempur Sealy, the world's largest mattress supplier, is divesting 176 Mattress Firm and Sleep Outfitters stores to gain approval for its $4 billion acquisition of Mattress Firm.

To answer your question, the advantage the GP has is control, and the ability to gain wealth from their equity position (hopefully not so much for asset management fees) by selling at a big gain.