On either side of a 1031 exchange, the property must have intended to be held for a productive use in a trade or business.

Make sure to build a strong team, and business plan.

The initial business plan was to renovate and turn units to get them to market rents on a 2 year hold with a refi EOY 2.

In January my wife and I purchased 130 acres of land, for 480,000$. we are going to sell two 10 acre building lots,  probably for somewhere between 100-150,000 each. we will keep the other 110 acres.  2 acres we will subdivide out for ourselves to build a house on,  and the rest will be rolled into a Christmas tree business. on the acreage that we sell,  will we be hit with capital gains since we're still going to be approximately 200,000 in the negative? 

I do have the business start up expenses, plus the leases are under the LLC. 

I’m new to the rental side of the RE business & searching for a multi-family, single story 4-plex primary residence in the Texas-San Antonio, Houston, Dallas markets.

Discuss with your preferred agent how you would like to do business and compensate them accordingly.

I’m really miserable at my job and I’ve been wanting to start a business in wholesale real estate.

You will make some great connections there and may be able to find a job or business partner. 

Think of it like a business, a lemonade stand doesn't take much capital compared to starting a brewery.