In many instances what goes hand in hand with that is the treatment of a discount to the loan as a matter of commodity opposed to function.  

What do you do to mitigate or lessen short-term capital gains treatment on that $1,000,000?

Noticeably better still, although the "heaviest" corner still smelled like cat urine.I was really worried about this problem but I'm feeling much better now after that first treatment.

Justin Eaton aside from asset protection, the tax treatment of the flips is likely completely different than that of the buy-and-hold's.

But you have to be willing to tame the adrenaline junkie flipping side of your personality.Property that qualifies for 1031 treatment is property you purchased with the intent of holding for productive investment use. 

I have been research termite treatment for a week or so now and I have found a few websites that will sell Termindor to the public.

From the perspective of the IRS, a single member LLC is not disregarded but is instead given the same treatment as a sole proprietorship or partnership.

Hi Leo, The short answer is that properties acquired with the intent to rehab and then sell/flip are technically being held for sale and not being held for investment and would not qualify for 1031 Exchange treatment. 

There are certain requirements that must be met in order to qualify for tax-deferred exchange treatment under Section 1031 of the Internal Revenue Code. 

But your IRS tax treatment is different.