I don't know the rules in the US, but in Canada, you can do that every 2 years and when you sell, you don't pay taxes on the capital gains.

Ok, but I mean is it against the rules?

But rule number 1 and 2 in investing is don’t lose money.

Rule of thumb: I've been told "Never fall in love with a property".

The 1% rule is an old metric.

I would check the rules in all of your jurisdictions.

Additionally, the replacement property must be real estate to qualify under IRS rules.

3️⃣ Local Regulations: Before you invest in a short-term rental, it's essential to understand the local rules and licensing requirements.

Hennepin County, No. 22-166, Slip Op. at 14 (May 25, 2023) ruled property owners can reclaim any surplus equity resulting from a tax sale.

That's why I tell a lot of my clients that it's a perfect time to invest right now when you can still find the 1% rule and positive cash flow especially in properties here that are still 120-180k in purchase price.