Yes if it is primary and you lived there for 5 years, probably do not need 1031 as up to 500k is tax free for married filing jointly and 250k for individuals.

If so, then it should be a tax free sale.

Feel free to message me if you want to chat further. 

Devang,  We had a free & clear property that was vacant we were considering for rent; In my area we estimated it would rent for roughly $1k per month.

Especially for STR, you could literally put a sofa bed in the living room and accommodate extra guests (before you all scream, this is fairly common even in high end STRs and I've never heard of complaints, but feel free to cite other experiences).

This allows our buyers to purchase the property, make the necessary improvements, and then choose to either rent it at market rate or sell it.Selling a property without providing at least two exit strategies for the buyer significantly decreases our pool of buyers.Feel free to reach out, you could send me the numbers and I can give you my opinion on what would be a good deal to a buyer with keeping the tenants. 

Today 28% of all homes bought are mortgage free.

Feel free to connect to directly discuss as well.Cheers!

Inside our homes we had more attractive features like stainless steel appliances and new LVP (laminated vinyl plank) flooring, but we still needed to get our residents out of the car and through our front doors.

No amount of ventilation is going to keep it mold free.