One resource was using a QI that we found on BP named @Dave Foster and the other was working with Rent To Retirement. 

Quote from @Dave Foster: @Duc Ta, Unfortunately the 1031 exchange that you're referring to is only available to sell investment real estate and buy new investment real estate. 

It is too late for the employee elective deferral contributions, but employer's contributions are available.It's understandable that during the Covid year, many custodians and accountants had other priorities and could have missed this important tax law change.

Your tenants are simultaneously like your customer and like your employee.

We have a full time employee for this one duty alone across the 1,500 doors we manage in St.

Similar mindset with employees.

And is it common to have a personal endorsement in order to protect an LLC owner personally - especially if the owner will be actively involved in the remodeling process (LLC comprised of self & spouse with no employees - only independent contractors)?

@Dave Foster the property to be purchased will be at least $250k, so we are all set there!

@Dave Foster Do you have a answer for this?

The shift to remote work and school arrangements also fostered a desire for more living space to stretch out, among existing owners and renters alike.