@Dave Foster - Well luckily I did understand the most basic rule and purchased the replacement property at more or less the same price as the relinquished property.  

@Dave Foster?

@Dave Foster  @Kyle J. 

Thanks Dave Foster that's what I figured...

Brian Foster will be happy to go over any questions, if you are local, he can show you our duplexes we are building. 

I, too, am a newbie in the peninsula (Foster City...just south of where you are!).  

Mexican lady in her early 40, which her husband also early 40, 4 kids, 1 grand kids, and 2 foster children.

I may not buy another one for a while, but in time, I'd like to build a rapport and foster a relationship.  

@Dave Foster @J Scott HamiltonDo either of you guys know if you can use the 1031 capital gain money to pay for closing costs on the new properties and the fees for doing the 1031 exchanges?  

@Shawn Foster Welcome to BP!