Sure you can argue 1031 exchange and such, but again apples-to-apples, you will end up making more money with stocks and with much little headaches. 

Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

If not, I'll have a property I could 1031 exchange or just sell. 

I also did a 1031 exchange from a different property that gave me a bunch of cash for one of these purchases. 

I’m here to connect with like-minded individuals, exchange ideas, and continue learning from this incredible community.

However, even in an equal exchange, recapture tax might apply.

The ultimate tax hit is at most $5k (20k * max 25% tax rate) and it's probably not worth it to 1031 exchange for that little of tax deferrals.

A “1031 exchange investor” would be someone who’s already selling something and wants to buy something else.

And each former LP (now a tenant in common) can do a 1031 exchange on their portion. 

.* Learning the ins and outs of structuring win-win deals.I’m open to partnering, collaborating, or just grabbing coffee to exchange ideas.