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All Forum Posts by: Josie Sevilla

Josie Sevilla has started 1 posts and replied 3 times.

Post: Advice on 1031Exchange

Josie SevillaPosted
  • Posts 3
  • Votes 2

Thank you, Dave for replying. Yes, I noticed the range of HOA dues, surprising since it doesn't seem to be based on the price of the unit. Understandable on some with amenities they have.

Post: Advice on 1031Exchange

Josie SevillaPosted
  • Posts 3
  • Votes 2

Thank you, Sean for a response. My rental is doing fine. I have the same tenant for 13 years who is a single lady so the house doesn’t take that much wear and tear. I just started thinking about selling it because of the new local rental/landlord law in Concord, and there is no more depreciation.Plus, I am thinking of maybe it will be nice to have a vacation/rental home in HI too and not worry much of maintenance if the building has maintenance and manager in house. I’m new to reselling so trying to see what info I can get on line, YT, etc. 

Post: Advice on 1031Exchange

Josie SevillaPosted
  • Posts 3
  • Votes 2

I have a single rental property in CA which is paid for. Will it make sense to do a 1031 exchange to condo/condos in Honolulu? Zillow shows it’s estimated at $772K. I’ve checked Honolulu and seen condos as low as 250k  ( studio/condotels) to 700k. Will really appreciate any advice/feedback. Thank you much!