These include irregular but inevitable expenses, such as vacancy rate, repairs, maintenance, accounting, insurance, property taxes, and property management.

Normally, anything at a bar and for real estate investors is a good networking venue (also drinks can be tax write-offs).

Talk to a tax professional.

How much tax prep does a bookkeeper do? 

This puts us somewhere between 18-27mo pending sale.Land Acquisition: 1M + 50K in closing costsHard Costs:Demo: 50KConstruction + Architectural Plans (survey, topography, permitting included) = 1.6M + 80KPool: 100KSoft Costs:Appliance package: 50KFurnishings: 75KLandscaping: 20KAnnual Carrying Costs (utilities/property tax/maintenance): 45KTOTAL: 3,025,000.00 After speaking with two lenders, it seems the best course of action would be to put 20% down on land for 12mo/interest only.

Is there anyway to avoid the normal taxes involved?

And their onboarding fee is minimal ($200-$500) and becomes fully refundable if you end up hiring someone from their vendor marketplace.

If I sell it outright for cash, does it invalidate the entire 1031 exchange or do I just pay tax on the 25%? 

Does anyone have any good recommendations for a tax professional that knows real estate/multifamily/airbnb?

I'm the Tahoe Reno, NV market where the taxes are lower and more landlord friendly.