If we decide to sell at the end of the 5 years we will most likely do a 1031 exchange into another property so we will not have to pay any capital gains tax.  

My partner, Hannah Eans, and I have been working on gaining knowledge about real estate investing since November.  

I plan to stay in the house for another year to avoid capital gains taxes when I sell.

In two weeks, I will enroll in realtor school to hopefully come back here and offer some local non-realtors my time in giving info (I currently live on the MLS watching and searching) towards comps, searches, listings, or sellings  to gain some extra "how its done" real-time knowledge.Keeping this short, I will be trolling the forums.  

I'm listening to the podcasts constantly and I'm trying to gain all of the knowledge possible.

But as of now I am 18 and have about $1000 to start off with and from what I've been reading wholesale real estate is probably the best way to start gaining any capital.

Welcome to BP community, hope all is well.What was my driving force was eating up audio books to speed up the gaining knowledge process, in return I would gather my questions faster for more deeper research.also all podcast/video-blogs from BP, listen to all of them until you start feeling a craving for a certain niche, then focus more on that new found hunger.recommended books:-Profit First-10x Rule-Ultimate Beginner's Guide to Real Estate Investing (free from BP)-Rich Dad Poor Dad-Millionaire Real Estate Agent (known as the Red book within REA's)-Millionaire Real Estate Investor (known as the Blue book within REA's)-4 hour work week-The E Myth for Real Estate InvestorsGood luck, you seek , you will find#keepthehustle #lifeisworthliving #notdreamingitsreality

As technology improves I think you'll see the better operators bypass the platforms entirely and gain access to distribution using the aggregator sites.  

I'm also interested in multifamily purchase and/or development, residential development, mobile homes and any weird creative strategies.From what I've learned so far capital gains are best, timing the market is more important than location, the less sexy it is the less competition and better returns, real connection is better than speed networking.  

I would like to put this in a 1031 exchange so that I can avoid the CA 40% cap gains.