One thing to also consider is if the kids take it over will they jack up the rent to market rate?

The other 100K of gain's tax rate depends on where his other income is at.

The IRS still doesn't like "short term" 1031s, with good reason - you need to ensure that you can 100% support that it was not a flip.This was not uncommon during 2020-2022 when prices were increasing at an incredible rate, I did have a few clients where they acquired a property that was truly intended to be a rental property, had a long history of buy / renovate / hold rentals, and then the market just blew up so fast that it changed the investment analysis for that property, or in several cases they actually just received unsolicited offers that they couldn't refuse.  

They mentioned it in the latest Vrbo webinar so I asked my Vrbo account manager and this is what she said:I put in a case to see if we can get Rate Automation placed in your MarketMaker.

I could theoretically get my money and rehab costs back in ~ 1 year assuming it rents for $1500 per month (current market rate).  

Due to less competiton and less transparency, are commission rates higher, lower or the same in commercial? 

Now I am investing in the US and a few of them have offered to lend me money at a set interest rate that I will use to grow my US real estate portfolio.  

My parents had rentals and they looked at them differently than I did (interest rates were also different).You ultimately need to be comfortable doing what you are doing and educated in it. 

(CSPAN).Today’s Interest Rate: 6.92%(👇 .05% from this time last week, 30-yr mortgage)Mortgage interest rates have calmed down a tiny bit, after staying above 7% for most of February, although they remain volatile.

Other restrictions are:Interest rate fixed for first 5 years and no negative amortization.