I'm selling my home and doing a 1031 exchange, and am filing a California Form 593-E (Real Estate Withholding -- Computation of Gain or Loss).

@Catherine Stevenson I have previously dealt with unresponsive property management and contractors and have found that it is better off going your separate ways as soon as possible no matter what the loss, it is often better to cut ties right away. 

Welcome to Bigger Pockets, amazing resource.

This is my first post on the bigger pockets forum so thanks so much in advance for any feedback!!

I'm new to the Bigger Pockets community and have been listening to the podcast for about 3 weeks now.

Hi Bigger Pockets, I am relatively new to real estate and am currently a Petroleum Engineering student at Texas A&M University in College Station, Texas graduating this December.

Hello Bigger Pockets members,My name is Marvin and I currently live in Baldwin Park, CA and work as a Civil Engineer in Riverside, CA.

The seller is already selling it at a loss as he bought it in 2009 for $1,120,000.

I am new to Bigger Pocket forums however I have listened to their podcasts for months now.

In the event of a slight downturn it would be safe to build additional vacancy losses or rent reductions into your pro-forma so that your property still cash flows well. 2.