Fix n flips and new construction where your intent is primarily to resell do not qualify for 1031 treatment.There is no statutory holding period although most folks feel that anything more than a year is perfectly fine. 

idk, i feel like there are necessary details missing here. but i'm also wondering if it would make sense to just reallocate the percentages based on what each person is bringing to the table. it would've been easier if you did have an LLC whose operating agreement you could just change. there's also the 'lazy' 1031 or 'reverse' 1031 where you just make the sale, then strategize with your cpa on how to offset the cap gains for that year. also worth noting: 1/3 of something is better than all of nothing. it sounds like it's not really that partnerships aren't working, it's moreso that you feel like your % is no longer fair? 

Northeast Florida can offer some fantastic opportunities for cash-flowing properties, and networking with fellow investors here on BiggerPockets is a fantastic step in the right direction.As you prepare for the Rookie Boot Camp in May, here are a few tips to help you make the most of your networking efforts:Participate in Discussions: Feel free to join in on discussions, pose questions, and provide your opinions or experiences in the forums.

The owner will have to clean up and board it up.Even better, I like the idea to buy it!

Time spent visiting properties for acquisition2. time spent talking to agent/broker about potential acquisition/sale3. time spent talking to lender on funding deals4. time spent raising private money to fund deals5. time spent interviewing contractors/PM/CPA/attorney/inspector6. time spent communicating with equity partnersI also feel research for potential acquisition should count.

Feel free to send me a DM and we can crunch some numbers.

Certainly, consider the feelings, but prioritize the facts.

We attend local town meetings and have great relationships with the towns we operate in, which seems to help a great deal, but it still feels like STR's are at the mercy of decisions made by local governments.

Feel free to shoot me a DM and we can chat about it, I'm also a multfamily househacker so I have a good idea of where your head might be at. 

Feel free to connect if you want some recommendations.Staci