@Amanda Williams Sounds like a sell to me.

Talk to your CPA, or if you don't have one just read the forums here and the articles and posts by @Amanda Han and @Brandon Hall and @Linda Weygant and @Jim Kennedy and many many other CPA's and you're likely to get the answer to make sure you set up a separate LLCs for doing flips and buying rentals.

I know Amanda Holbrook has a company that a lot of people use for this.

@Amanda Roderick - Hi Amanda!

Hi Amanda, My wife, Cathy, and I are REALTORS in the San Antonio for over 20.

@Hans H. from the sounds of the property I would probably look to sell and then trade up into a larger property. 

Amanda Whiteley I’ve commented on this like three times in the last day.A single member llc has zero tax advantages.

@Amanda M LairdA residential property is valued using recent sales of comparable properties.

@Amanda M Laird you could try selling it as a "vacation rental business" to a local property management company. 

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I strongly recommend all the tax advice given by my fellow CPAs.Amanda HanBrandon HallTax Reform Update – Brandon Hall and Amanda Han Linda Weygant GuidesUltimate Beginners Guide Forum StickiesBP Calculators or spreadsheets uploaded by membersMy Favorite Books I have to say all of the BP books…right?