You cannot 1031 into properties you already own or to pay down a  loan on a property you own.You're lender is probably giving you a partial release when you sell in exchange for a certain % of the net proceeds from the sale of the one unit.While it is conceivable that you could do a 1031 on this sale I think you need to look closely at the issue of intent.  1031 is only available for properties you have purchased with the intent of holding for productive use. 

At, the moment the main way I see being about to do this is with buy-and-hold rentals.Sorry for my post being so long, but if you read the whole thing I thank you.

We would mainly rent it out during peak seasons and then use it as a vacation home for myself.

I'm assuming that the land will hold no value since it's already captured in the main house on the property.

I mainly plan to use my license to give my family and I more speedy and detailed access to available properties and cut our costs on rehab & flip houses. 

While I truly wanted to move out earlier in the year, I opted against it specifically because I had no intention of breaking the lease.

The intent is to completely shield her godforbid I get sued. 

Shortly after purchasing our second investment property I opened up a construction business and ran a successful business for five years.our main focus was high-end kitchen and bath remodels.  

There are 2 main reasons for this:It allows the investor to cash flow more profits to use on things right now. - so if they wanted to reinvest the profits into another property or use that money for another purpose. 

Will there be a meetup site or is BP the main reminder?