I'm very excited to begin my career in the beautiful town of Durango!

with a FHA loan, it's a BEAUTIFUL three unit house in a good neighborhood with a strong rental market, meets all my requirements (off street parking, good schools, quiet street, good aesthetics, etc,) and it's fully updated- needs nothing!

@Jason Moran Ripon is beautiful and that was my second location to consider!

The woodlands is really beautiful but getting expensive.

My name is Evan and my beautiful wife's name is Tara.

That's the beauty of this forum.

Hi @Tony Lin, Yes, if you meet the reinvestment requirements of trading equal or up in value and reinvesting the appropriate amount of net equity (net cash), your capital gain and depreciation recapture taxes are all deferred into your new replacement properties.It also that the capital gain and depreciation recapture amounts would not be included on your income tax return and would not count toward/trigger the Medicare Surcharge.The beauty of the 1031 Exchange is that it keeps all of your funds in your pocket working for you in building wealth for you instead of the federal and state governments.You do not necessarily have to pay Uncle Sam a big tax in the future.

Approximately 500k needed to be invested to make it beautiful like it originally was in 1908.  

What a beautiful place.  

You live in a beautiful area... life is good if you're loving your W2 job too!