Just check the local rules to make sure you’re good to go!

The 1031 exchange rule to defer your tax is two part 1) reinvest all your proceeds and 2) purchase a property (or properties / DSTs/TICs) with an equal or greater market value.  

@Joy Daniels I have one of my STRs in that market on Anna Maria and each “city” on that 7 mile island has different STR rules.

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and it's super landlord friendly (so you will never have to go through a 12 month eviction or anything close to that!).

But having those rules on paper was like carrying a big stick—great to wield when needed but mostly a deterrent.

Consider the "2 of the last 5 year rule" to avoid capital gains.

A self-directed IRA could be a good way to defer taxes, but there are some rules to keep in mind—like keeping all the income in the IRA until retirement.

Asking in the correct forum will get a better response.Read the RULES!

Focus on buying below market value, running numbers first (cash flow, 1% rule), and choosing a landlord-friendly location with job growth.

Stairs are the only way to get in, no grab rails in the bathroom, ramps that are too steep, etc.From what I've read, all commercial businesses/buildings (including ones before the ADA was passed) have to comply with the rules, unless it would be outrageously tough to fix (like installing an elevator in an already built building).Are all these local business just not complying and taking the risk, or am I missing something?