You can exit it when you want to.

And I feel this book took my personal due diligence (and how I look at syndication deals) to the next level.

With some cleaning up and small renovation you can get up to $2000 per unit.

What else could you do with that extra $150,000?

Here’s how you can leverage it:Upgrade Your Property While Deferring Taxes: By using a 1031 exchange, you can sell a current property and reinvest the proceeds into a larger or better-located multi-family unit.

When networking on BP or in person, being clear about your goals will make a big difference.Are you mainly interested in finding rental properties, connecting with other landlords, or exploring specific asset types?

Would be happy to connect and knowledge share if you are interested.

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.

It's likely you will have to redo most of their work when you get it checked as you don't want an inferior product out there if you are selling or renting it.

You can kick down that can only so much, at some point you have to pay.