I'd buy and hold the property long term and use the equity you gain to buy more property.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

@Rene Hosman Generally, Reasons for Land Swaps are to: - Resolving zoning conflicts - Acquiring strategically important properties - Consolidating land holdings - Avoiding costly legal battles - Achieving public policy goalsWhen I was a Planning Commissioner projects would discuss land swaps for larger development projects to make sure the community impact was greater (typically gaining conservation land for us) than just allowing a rezone to be approved without public benefit.

Investment Info:Single-family residence buy & hold investment.

Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

Are you leaning toward a quick sale so you can focus on Oregon, or do you see potential in holding onto this Florida home as a cash flow play?

Investment Info:Single-family residence buy & hold investment.

This is not yoursituation, but just to walk through the different thought processesin Holding/Selling that a friend of mine is going through.Helped my friend getinto the Self Storage business and walked him through the wholeprocess from evaluating the market, selecting a site, developing thesite, systems, financing, insurance, etc.

Alamo REIA also hold events trying to connect individuals from different specialties within the real estate investing space.

Long term hold, with buyer planning on carrying existing financing to term without the ability to quickly cure default — terrible strategy with huge risk for both parties.