1031 Exchange Craziness

We sold the Tradewinds property for a decent profit and we decided to do a 1031 exchange and buy properties with better cash flow potential. We looked at Reno, Nevada and Murfreesboro, Tennessee (south of Nashville). We decided on Tennessee. We have to buy three of these homes to meet the 1031 requirements. What’s pretty funny is that all three of these houses are bigger than our townhouse in San Jose yet even all three together are worth less.

St. Andrews



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