Hello - I have a somewhat unique situation that I am unsure how to best claim on our jointly filed tax return.

This has resulted in an unexpected financial burden of $7500.In light of these circumstances, I am seeking advice from you all on the legal options available to me.

Knowledge is power, but also a burden.

The IRS allows 1031 Exchanges to defer taxes on what they consider to be capital assets. 

*The taxpayer or RPE attaches a statement to the return filed for the tax year(s) the safe harbor is relied upon.If I don't meet all the 4 bullet points for Safe Harbor am I still able to take the Qualified Business Income Deduction for a profitable Rental Property?

I have 2 rentals and do use a CPA for my tax returns. 

Still need to get my taxes done this year for them.

So, right now I am trying to decide if I should start working with Tax Sentry, Inc., a CPA for my business and personal taxes.

Bottom line is that you may put yourself in a situation where the best way to maintain your tax efficiency is to keep your investments foreign for the long term. 

Any current roadblocks including time-to rehab permits being issued, local landlord laws/trends, property tax to rent YoY trends, etc.