To have a fully tax deferred exchange you need to replace all of your equity and all of your "debt value" as well as trade equal or up in value based on the net sales price of the property you sold.

@TJ BoutaughIt depends on your level of activity.If this is not in your trade or business, the interest income will be considered portfolio in natureif it is a trade or business, you may have to source the income based on the rules of states(Cost of performance vs market based sourcing).

Remember, the stock market is a reflection of the good and services that publicly traded companies provide. 

There's bunch of trade offs but we invest in CA because it's close to home, high quality, high demand, and if anything goes wrong I don't have to hop on a plane to go see what's going on.

I've heard a lot about Frank-Dodd and our LLC "trading securities if we use private money or something like that.

What was the outcome?

Minor cosmetic fixer What was the outcome?

What was the outcome?

What was the outcome?

What was the outcome?