So I'm not trying to bash the market there, just speaking in broad generalities and of my own opinion.

I have a friend who uses this to summarize legal proceedings for his business.

I am pretty sure you can not do a 1031 and use the proceeds to do anything to a primary residence.

If they don’t take that option, then I will want to proceed with a formal eviction.

When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan I proposed to my husband:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.

While my sister and I will not have any issues based on our history and lives, the goal is to use this property as the learning ground for the final outcome: four duplexes---Structuring the property under an LLC or land trust could trigger a due-on-sale clause, so check with the lender before proceeding.

Additionally, the borrower no longer has any income coming from the subject property during these proceedings.  

., inheritance distributions from the proceeds), the IRS may consider it a related-party transaction.3.Two-Year Holding Requirement•If the IRS deems this a related-party transaction, you’d need to hold the new property for at least two years before selling or exchanging it again to avoid disqualification.

@Jimmy O'Connor I was not bashing your insights and references to bars and coffee shops - I thought it was informative and interesting thing I had not thought of before.

Deploying 1031 proceeds from California home to a more landlord friendly, higher cashflow location.