I just finished Turner's book on rental properties and hope to gain further insight on Investing with No (and Low) Money Down.Cheers,Chris Henderson

@Matthew Drouin Thanks for the insight. 

Any insight is appreciated greatly.

Thanks for your insight.

When I preform a 1031 like-kind exchange I know I will be able to use the section 121 capital gain exemption on the sale of my principal residence on half of the sales price up to $250,000 of gain.

Any insight would be helpful. 

I appreciate the insight.

Can this work for a 1031 exchange and how would this be taxed.

Hotteenia Jenkins No rain in sight :) I’ve heard that advice before and although at first I didn’t want consider investing in NYC because “it’s too expensive”, I lived in this area the majority of my life (moving to Brooklyn only 4 yrs ago) and my mother lives about 5 mins away.

If you're a property manager in NYC we may have exchanged emails or talked on the phone before!