Shoot for gaining cash flow on the property after you move out and move onto your next investment. 

Im going to focus now primarly on my capital gain first flipping houses and then transition into rental property investments.

(However, the Sec 121 exclusion will shelter up to $250k (single) or $500k (married) of capital gain from taxation.)1031s are only for long-term investment properties.

At first I planned on rerouting the stairs to gain enough headroom so that it could pass the rental inspection.

In thischapter:(1) "Broker":(A) means a person who, in exchange for acommission or other valuable consideration orwith the expectation of receiving a commissionor other valuable consideration, performs foranother person one of the following acts:(i) sells, exchanges, purchases, or leasesreal estate;(ii) offers to sell, exchange, purchase, orlease real estate;(iii) negotiates or attempts to negotiate thelisting, sale, exchange, purchase, or lease of realestate; Does this mean Wholesaling and other dealings are considered illegal without a license?

In thischapter:(1) "Broker":(A) means a person who, in exchange for acommission or other valuable consideration orwith the expectation of receiving a commissionor other valuable consideration, performs foranother person one of the following acts:(i) sells, exchanges, purchases, or leasesreal estate;(ii) offers to sell, exchange, purchase, orlease real estate;(iii) negotiates or attempts to negotiate thelisting, sale, exchange, purchase, or lease of realestate; Does this mean Wholesaling and other dealings are considered illegal without a license?

I’m new on here and just trying to gain the knowledge of the business.

The fact that YOU are taking your West coast gains and leaving would give me pause if I lived on the West coast.

Then you want me to pocket the gain of $25k after words.

It worked great for us because we had a gain of over$250k on the California property.There are a couple of 1031 facilitators or here that can give you more details.