The contractor comes back out and says they didn't add enough freon and adds more and says it will be freezing by the following day.Of course, that wasn't the solution either and now the tenant is furious and is a bit irate, he feels that we should reimburse him for $180 for food that he wasted.

So while the particular structure of a 1031 may or may not be impacted at the state level by residency in a community property state it is only at the state level.

Even though I intend to occupy the property, they require that I already be in residence before they will close on the loan.

Investment Info:Single-family residence buy & hold investment.

I also reside in Fresno, California, so advice related to that would be awesome too!

Investment Info:Single-family residence buy & hold investment.

I personally think this is a safe solution.

After two years you get the tax exemption and don't pay long term capital gains on a personal residence sale right?

Chetan, Do the right thing and kick all of them out, it seems like the guy violated the lease as well by having a person reside there that wasn't on the lease.

I grew up all over Northern California, some cities in Mexico and now reside in San Diego, CA.