I ended up house hacking it before I even knew what that meant, and got it paid off in 6.

Those holes are meant to allow the crawl space to breathe and allow any moisture to escape.

I ended up house hacking it before I even knew what that meant, and got it paid off in 6.

I ended up house hacking it before I even knew what that meant, and got it paid off in 6.

They're the same thing.I said "a small scraper" because I actually meant a 3/4 in. putty knife, a little guy you can get a lot of pressure behind.

That doesn't work with 1031.However, if what you meant by development was to develop a piece of land or building and hold it to use as investment then that would qualify for 1031 treatment.So your definition of intent and how you actually treated the property and why it was unfinished and how much effort and what type of effort went into it will all show your intent.So I may have opened up more questions but the answer to your first one from your CPA is that income production is not necessarily needed.

I am not sure what the connect invite I sent to you meant.

@Michael Ablan yes that's what I meant thank you.

What I meant to say was there is no "seller's agent" and more opportunity for us to negotiate directly with the seller with creative owner financing :) Did not try to sound like the services of an agent are not warranted.

Just because they’re stainless steel and look good doesn’t meant they’re working 100%.