Once you sell your old property and use a QI, the exchange will be complete and your capital gains will be deferred.

I am a fellow house hacker and think it's the best way to get into the game if your circumstances allow it!

Always keep personal and business accounts separate, document all transactions, and consult a CPA or attorney to ensure compliance and maintain liability protection.This post does not create a CPA-Client relationship.

Even then you would still need to actually go get the license and maintain it.   

Always down to connect further and see how I can help you out.

We will continue to have an influx of transplants from high tax, high regulation states like CA and NY. 

Invest and grow your portfolio.

I really appreciate your feedback and encouragement.

I am considering working with a property developer in NJ to buy land, build a duplex/triplex and sell it (6-9 month time horizon).

My partners and I purchased a property late 2023 and finished the renovation and sold the property in March of 2024.