That’s something you’d want to figure out through tax planning.Regarding the 1031 exchange, bonus depreciation doesn’t affect whether you qualify for one.

Then you can do a 1031 exchange or sell it at a lower tax rate. 

Most of us don't think to "diversify" in other fields or arenas, much less in a foreign country! 

While flips don’t usually qualify for 1031 exchanges, holding a property as a rental first might open this option.

@William Bohan, Yeah, being a CA resident you'll have to do a 1031 exchange or your tax will approach 40%. 

If you are going to be doing the rehab work in exchange for equity then that value needs to be determined up front with a specific timeline that you have to adhere to in order to earn your equity.

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The "cash-for-equity" program from QuickLoans appears to be a shared-equity or deferred repayment model, where you receive upfront cash in exchange for giving up a portion of your future equity.

.- If I use a 1031 Exchange, does the next property also have to be a duplex?

Let’s connect sometime and exchange ideas!