You have to recognize 85% of the gain on the sale of stock in 7 years after you reinvest.  

NYC also recognizes 1031 at the state level also so a San Diego company like Exeter with @Lauren Speidel as sales rep can absolutely handle your exchange.

@Terre Oswald in your search you don't have to stay in your backyard.  1031 is a federal statute that all 50 states recognize at the federal level. 

@Alex Price First you must recognize that at the level you're discussing, the business models will be using a cashflow range because they are using IRR scenarios and not the simple calculators found on BP.

I recognize it doesnt have huge margins in it but I don't know how to hit 2% in pierce county and especially on a property that has a great desirable location.

@Matt Fore Yes it does have to be capital gain although there is some language that just references "gains" so we are waiting on additional guidance as to whether ordinary gains would qualify.I think the reason capital gains need to be invested into the funds instead of straight cash is that by recognizing a capital gain you are selling something which promotes economic activity (selling stocks, businesses, real estate, etc.)

Another benefit of a good handyman is that the tenants will recognize him and it's not a new, random face on the property.

I've personally never told someone that its not going to be a good fit if they are shopping me around hahah Saying that pretty much breaks my promise that I'm working with the borrower's best interest in mind and if for some reason I'm not able to recognize the best program for that person and another broker is then kudos to them. 

AZ will recognize a TX LLC – on AZ’s terms and under AZ’s rules.

I recognize that I am in one of the hottest housing markets in the country.