Second option, if it's even valid, I could build a new house in one of these new communities and then have the house for another few months and sell it (assuming that it would have increased in value) Any input to any of these two strategies would be highly appreciated!

Your plan to execute the BRRRR approach sounds like a solid strategy! 

Hi @Tien Ly, It is just a relatively new tax-deferral strategy and there is only one tax court case and one IRS Advisory ruling on the strategy, so most advisors are still concerned about what the IRS's position and approach will be.  

What you need is cash money to invest, cash money for backup needs, a strategy that works in the current market where you are investing at, and some entrepreneurial drive- guts.

,Bruce, holding a property for potential appreciation (i.e. not actively generating rental or business income) is a valid tax strategy. 

If you already have a strategy in the stock market that is working, double down on that.

Meaning what strategy you want to use? 

Some agents worry about how it will affect their business and client relations, while sellers and buyers are trying to grasp how it might impact their transactions.As a community devoted to real estate knowledge and empowerment, let's dive into this together: Agents and Brokers: How do you plan on adjusting your listing and showing strategies once these changes take effect?

I would love to touch base with someone on strategies on how to monetize these leads.

I think you have a great strategy in mind and one that could definitely kick start your investment goals!