The term "property for investment purposes" refers to a property that is purchased with the intention of generating income or capital appreciation. Full definition
Section 1031 allows taxpayers holding property for investment purposes to defer taxes that would otherwise be recognized upon the sale of investment property. (apiexchange.com)
So there's a need to time things a bit when you buy properties for investment purposes IMO, unless you plan to be a landlord / lady for the long term and you're doing it for cash flow... (thedigeratilife.com)
Flagstone can provide mortgages for those client's that own or want to acquire properties for investment purposes. (flagstonemortgage.com)