Of course, there is an issue of where do you live for that period of time to establish that you 1031'ed into another investment property...I agree with @Michael Plaks, I don't know how you figured that savings...As for "...harder to sell to potential buyers," the 1031 transaction is mostly transparent to them. 

Lawyers said them not being transparent and listening the properties on the market for FMV without us agreeing to all the pricing differences.

The more info you can give to your guests and the more transparent you can be about all the different and unique aspects of your property or hosting style will pay you dividends. 14 - Dishwasher!

@Michael Smythe, it's great that you provide transparency to your clients.

Transparency I’d look to outline, as if I proposed this JV, is clearly indicating whether I am profiting from the construction contract with any markup; how the budget/costs will be billed and transparent; and what the acceptable exit strategies would be (as I don’t know if the private loan has any security attached to it). 

They are also going to be honest and transparent in the process, even if that means putting you off to the marketplace as a whole.

I assume you mean the Corporate Transparency Act.

When working with a wholesaler there should be no reason both parties cannot be completely transparent with each other. 

Frankly, consumers are tired of being told by insurers how the insurers are honest, fair, transparent, etc.

If you're not finding the bookkeeping process to be a drag, and you're really just looking for efficiency (and possibly some additional level of detail/transparency than what your PM provides?)