Happy to helpThere are quite a few things here you need to know: 1. 750 hours working in a real property trade or business and more then any other work activity.

You will need to qualify as "real estate professional to do so" Which simply put is spending 750 hours in a real property trade or business, and more time in that line of work then anything else.

Becca put it all out there, and we've had some varied/insightful comments.I think it was mentioned to trade out of your current home so you can take everything tax free. 

Great place to network with other local investors, trades, wholesaler and agents.

American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commission.The National Association of Realtors, a powerful organization that has set the guidelines for home sales for decades, has agreed to settle a series of lawsuits by paying $418 million in damages and by eliminating its rules on commissions.

the team is everything.. cleaners, trades, handyman.. if you have a good team you can manage anywhere. 

Have items removed from it and then buy some trade lines to boost your score in just a few months. 

And lastly you make the trade off.

And in July, we have our annual Trade Show where you can connect with a lot of different vendors.Plan on flying in on Monday or Tuesday morning - attend the Meeting to make connections Tuesday Night - there are also a few smaller networking groups that will be meeting that same day in the morning, the next day in the morning.

You can certainly execute at 1031 Exchange where you trade out of California and into a new property in Maryland (or any other state).