If you do 1031 exchange multiple times, do you pay taxes on the profit of only the last sold property or do you have to pay taxes on the total potential profits of all properties.

This sounds like potentially a very good plan

The possibility of each tenant having their own bathroom and the potential for increased rent revenue was particularly appealing.Upon visiting the property for a tour, I was supprised to see the house not only featured the advertised 4 bedrooms and baths but also included an additional full bedroom and bathroom, absent from the online photos.

I worked with Brian Maddex at Guild Mortgage who comes to our local REIA meetings and was great for potential ways to structure the deal.

These services include:Property Marketing: Real Property Management utilizes various marketing channels to attract potential tenants, including online listing platforms, social media, and local advertising.Tenant Screening: They conduct thorough background checks on prospective tenants to ensure that landlords get reliable and responsible renters.Rent Collection: Real Property Management handles rent collection, ensuring that landlords receive their rental income on time.Maintenance Coordination: They coordinate property maintenance and repairs, ensuring that the property is well-maintained and in good condition.Financial Reporting: Real Property Management provides detailed financial reports to landlords, including income and expense statements, making it easy for property owners to track their investment performance.Legal Compliance: They ensure that landlords and properties comply with all relevant laws and regulations, helping to mitigate legal risks.Benefits of Using Real Property Management for LandlordsThere are several benefits to using Real Property Management for landlords and property owners:Time and Stress Savings: Real Property Management handles all aspects of property management, saving landlords time and reducing the stress of managing rental properties.Quality Tenants: Their thorough tenant screening process helps landlords find reliable and responsible tenants, reducing the risk of property damage and rent defaults.Property Maintenance: Real Property Management ensures that properties are well-maintained, addressing maintenance issues promptly to preserve the property's value.Legal Compliance: They stay up to date with all relevant laws and regulations, helping landlords avoid legal issues and potential liabilities.Financial Transparency: Real Property Management provides detailed financial reports, giving landlords visibility into their investment performance and cash flow.In conclusion, Real Property Management offers a comprehensive solution for landlords and property owners, helping them maximize their rental property investments while minimizing the associated challenges and risks.Managing Tenants and PropertiesTenant screening and background checks.Finding the right tenants is crucial for a successful rental property.

Renovations for accessibility could be an additional cost.Sell the Property: Selling could free up a significant amount of cash, allowing you to pay off the HELOC and potentially purchase a condo that meets your family's accessibility needs.

I would be interested to view these listings to determine if the locations, work needed, and potential cash flow made sense for my current situation. 

Consider joining one of these groups or attending these meetings so that you can get to know other people and potentially find a future business partner if you need one. 

When you purchase, make sure rents in the area will be a potential cashflow for you in the future.

I intend to sell all four lots together as a package deal, regardless of whether they're combined or separate.Pros of Combining Lots:- Simplified Selling Process: Potentially easier to sell one large parcel than multiple smaller ones.- Increased Marketability: A larger, single lot may appeal to buyers looking for more space and privacy.- Potential for Higher Value: Combining the lots could increase the overall value due to the larger size and unified waterfront access.Cons of Combining Lots:- Limiting Buyer Pool: Some buyers may be interested in smaller, less expensive parcels.- Zoning and Regulation Challenges: Combining lots could complicate zoning and what can be built on the property.- Costs and Legalities: There may be costs and legal procedures involved in combining the lots officially with the county.I'm leaning towards combining them for the simplicity and the unique appeal it could offer to a certain market segment.