Where or what would you buy with a 1031 Exchange for long term?

[Lidia Bowers]

Trying to decide what and where to buy with 1031 Exchange money. We live in Fort Worth where we have a handful of single family homes already,

[Dave Foster]

@Lidia Bowers, This is the problem with 1031 exchanges - too many choices.  You just heard several great options.  Are they great for you?  Who knows.  But the freedom to change asset class and location while keeping your profits tax deferred in the 1031 is incredibly valuable.

So put on your "Great Carnac" and guess with the rest of us.  I'm partial to self storage still (but not for long as everyone's jumping in).  And I think the era of "home ownership" subsidization that the new administration seems to be ushering in will make starter single family homes have some pop.  Students will return to colleges so student housing is still good.  And vacation rentals are always a great transition because you're strategically preparing for the end but also still generating income on your way out the door.  I love the purchase of vacation rentals followed by a conversion of them to primary residence and a tax free sale of your current primary.

So many choices - like a candy store.