This approach is cost-efficient and eliminates the complexities of dual-state filings.

This means taking days off of work to handle business, dealing with the subs and any deficiencies they may have, spending time dealing with the city, for both permits and inspections.Having GC doing everything won't entirely eliminate your time cost, but it can mitigate it to an extreme degree.My take is that if you are confident that you can be as fast as the GC in handling everything and there is no negative impact to your other business then by all means do it.

I hope the property taxes go away but I don't think it is likely  talk of eliminating property tax in FLA  is that what your saying ?? 

I am talking about solving degenerative disease and either grossly extending lifespans via slowing the aging process or completely eliminating aging altogether. 

I don't want to over leverage my properties especially with interest rates this high, it will eliminate cash flow.

House hacking can significantly lower your housing expenses, but full elimination isn’t guaranteed.### 2.

Building on existing land helps eliminate the issue of land scarcity, which is a significant challenge due to California’s high real estate prices.

If you feel that youve been thorough in your due diligence and have eliminated/mitigated as much risk as possible, then then the feelings are just discomfort that must be pushed through. 

However, this does not eliminate the tax liability; it merely defers it.If you're dead set on taking advantage of the Section 121 exclusion, you would need to sell the property to an unrelated third party in a legitimate sale.

House hacking by purchasing a duplex, triplex, or single-family home with extra rooms can help you reduce or eliminate housing costs while building equity.