But out of their ashes, we've risen, possessing a diversified economy of a constellation of companies largely made up of recession resistant sectors like education and healthcare.Some key stats:Employment rate across all sectors is up 1.54% which is well above the 10 year average of just 0.15% according to Oxford Economics.Also median household income is up 3.3% over the last 12 months which will continue to undergird rent price stability.

Yes, you can 1031 Exchange out of California in order to avoid the Proposition 19 problems. 

I recently made an offer of $425,000 + 8,000 Towards closing + cost of title with 5% down on a brand-new duplex that will not be completed until October 2024.

What made you interested in investing in this type of deal?

The story: My Grandparents (the trustor) made a trust and included their 4 sons as the beneficiaries of the trust.

Pants on fire made up a fantasy about income, fully knew about tax lien for a year or more.

Hi @Josh Dillingham, There is no specific holding period required in order to qualify for 1031 Exchange treatment.

What made you interested in investing in this type of deal?

It is important that all transactions take place within the trust prior to distribution in order to avoid reassessment.

That 200K in the S&P could have made ~40K this year hassle free.So here’s where I need your help.