I have done several multiple property 1031 exchanges throughout the state for my clients who are looking to scale and improve their investment portfolio. 

The only other option that comes to mind is to make the improvements and try to achieve favorable rental rates to push the story that 2 BR homes rent for a premium because its unique.

.🚨 Common issues I see:❌ Not properly tracking repairs vs. capital improvements❌ Missing out on cost segregation & depreciation write-offs❌ Scrambling at tax time instead of planning proactivelyI’d love to hear from the group—what’s been your biggest tax headache as an investor?

BP has no reason to improve the search feature, which they could fix in a heartbeat.

Repairs made while the property is your primary residence are not deductible, but improvements can increase your cost basis, reducing future capital gains tax when you sell.

I file jointly with my wife who's a w2 employee.

Improve your credit and financials so lenders are willing to take a chance on you.

Wish I had remodeled the space that is the dining room into an extra room to improve cashflow.

Wish I had remodeled the space that is the dining room into an extra room to improve cashflow.

Look for properties with high cash flow potential, good condition, and room for improvement, such as value-add opportunities.