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All Forum Posts by: Jody Rouse

Jody Rouse has started 4 posts and replied 13 times.

Post: Capital Gains - Simplified

Jody RousePosted
  • San Diego, CA
  • Posts 14
  • Votes 1

@Jon Holdman you know this business well What a great thread to encounter. I myself am looking at getting my equity out of the SFR I own and into units. I want to minimize expenses as well as taxes. Hopefully the multifamily market doesn't get hot right when I 1031 the equity into the multi. Great thread!

My name is Jody and I have recently started investing in single family in San Diego California.  I want to get into more affordable markets but I am concerned about proximity and managing issues that come up.  I love the podcast with Josh and Brandon!  I have started a few weeks ago and am up to 2 a day on my commute.  The podcast led me to this forum which is a great place to be.  I think I may find myself up for a few long nights on BP! 

I have a goal of accumulating enough equity in single family homes to 1031 into a multi family 5 plus commercial property.  Will the 5 plus unit market get hot when the single family does?  if so I would be selling high in 1031 and buying high in a property with units to manage?  If so I may rethink my strategy to get into 5 plus commercial loan on residential units another way.  I live in California and the equity in these homes can accumulate well.