Newbie with 1031 questions

[Sung Park]

Hi all - I live in LA, but I have a condo in Seattle that I've been renting for a number of years (I have good equity in it but the rent only covers the remaining mortgage, HOA and property management) I'm thinking of performing a 1031 in order to purchase property in Austin, TX, where I have interest in moving in a few years. I am interested in finding two less expensive properties in order to become more cash-flow positive in Austin. As someone who has not performed a 1031 exchange previously, is this a prudent course of action? Any advice or recommendations would be welcome. Thank you

[Jordan Moorhead]

@Sung Park contact a 1031 intermediary! I sold a property in MN and bought some in KY and the 1031 intermediary made it very easy. I have another one in Austin that I am exploring options to tap the equity and 1031 is always an option.