To defer all tax you must purchase in total at least as much as your net sale.

Given the market conditions and your hard money loan, it might be wise to first calculate your monthly holding costs, including loan payments, taxes, and maintenance.

I've finally found a property that could be a good fit for my primary residence- if I can get a good price on it.  

I 100% endorse adding in the escrows for taxes and insurance to set the buyer/borrower up for success. 

If 1031 is to be implemented it must be done on the property level.2. 1031 generally does not apply to IRAs since they are tax-exempt. 3.

Specifically:Will the lender only consider the rental income from the two legally zoned units, even though all three rental incomes are declared on your tax return?

With that being said we tend to see a lot of CA buyers relocate here for the lower cost of living including lower home values, property taxes, insurance, no state income tax, gas prices etc.

@Rebecca GonaBigger Pockets is a great place to find a tax accountant that specializes in short-term rentals. 

While this insight is valuable, it’s important to remember that thorough analysis is always crucial before making any final decisions. 

Where is the income tax of 49% here?