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Updated about 4 years ago,
Thinking about Leaving California
Hi all, This is my 1st post on BP! Im looking into selling our primary residence a Single Family home in San Diego CA. My goal is to sell our home and defer taxes using 1031 exchange or section 121 ( I'm not sure which is correct for my situation) take the proceeds to
1. Buy a new primary residence in a new less expensive less dense market
2. Purchase 1st MFR rental property
I'd like to accomplish all this while moving to a city where I can raise my young multi-ethnic family that's accustom to a Starbucks and Target on every corner. I'd love to hear thoughts on potential markets. Thanks!