@Griffin DalrympleIf there's no other way, the options are to 1031 or sell a portion to a partner.

Hi everyone, I am selling a property that I own now for almost 6 years to 1031 into another property. 

I say this to say my contractor, who we know and love, is interested in renting the basement in exchange for upgrading the basement that way I can rent the basement and upper level to get more cash flow.

Once you get hit with a $675 to $750 HOA the NOI will become more of a debt service coverage.I would sell and if you get hit with a tax just 1031 Exchange it into the new purchase.

If your a CA investor and 1031'd your properties to buy out of state, would be interested in hearing your experiences. 

Maybe take proceeds and 1031 into something more suited as a hold!

I would love to join in on any BP groups that do OOS deals  (I have proven time management, attention to detail and paperwork organization skills in exchange for getting to learn alongside some REI masters). 

There is generally no recapture associated with the disposal since there’s no sale or exchange generating a gain.

So not sure about 1031 on the MF that you occupy. 

The great thing about doing a 1031 exchange is that you have infinite exchange options.