Hi Irene,I had a client that did this with a home and a barndominium next door. 

This is not even just an opinion, it's an objective reality.

This brings back memories! 

I looked it up and read that’s an electrical fire hazard.

I agree with this.

Again if you have a large portfolio ignore this comment.

I have some crypto gains I’m really looking forward to dumping into a more stable asset class and hoping this can help me defer the taxes on the growth.  

As you mentioned intentional flips are typically considered inventory-This means the income is ordinary income and as such: - Is not a capital gain, so hold time of 1 year does not change to a better long-term capital gain rate - Can not be invested in a QOF Deductions related to it can't be pushed or changed- all costs are accounted for with the inventory component 

First, lets set some inaccurate information straight. 

@Taya Larsen I will tag the original poster like this @Christian Requejo and that gives us a notification to respond.