I’d be happy to connect to exchange more tips and ideas! 

Deferring taxes with a 1031 doesn't put that money in your pocket for your own use like cash-flow.

@Kim Tran There isn’t a direct equivalent to a 1031 exchange for selling an investment property to purchase a primary residence, as 1031 exchanges are strictly for like-kind investment properties.

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

-Sean Maybe we can exchange some referrals in the future ...   

For the seller (John) to defer capital gains via a 1031 exchange, the sale proceeds must be reinvested into like-kind property within 180 days.

I am sure we exchanged Emails before hopefully you are getting ours.

I'm surprised they were able to do a 1031 under this structure.

From utilizing 1031 exchanges to offsetting gains with losses, the right approach can make all the difference in your investment journey.

Another consideration is that if you do a 1031 exchange back out of CA the state is a "claw-back" state so CA will try to get their capital gains eventually.