I'm reading that part of the proposed tax reform is to eliminate 1031's.  http://www.foxbusiness.com/features/2017/06/13/103...Anyone know more about this?  How likely do we think this is?

Thanks for your insight.

I am doing a reverse 1031 exchange.

Check carefully who will be required to do the exchange, what the actual basis is, and your personal reinvestment requirements if applicable.   

Thanks for the insight @Steve Vaughan I figured as much when working with a Jack and Jill. 

However, if there was any intent to hold for productive use in trade business or as an investment then there is a possibility that they could sell that and do a 1031 exchange into the lake front home.  

Maybe someday you will decide you want to 1031 exchange this into an apartment building.

I'm performing a 1031 Exchange from California so real estate investment with relatively low time requirements is a must.

My family is also looking forward to visiting in a week.and thanks for the insight, it does indeed seem like the fundamentals will remain solid.  

I would be happy to talk to you and give some insight for management.