Purchase price: $119,000 Cash invested: $29,750 Purchased in package deal of 4 duplexes in CLE in a 1031 Exchange deal after selling a townhouse in Lorton VA.

Purchase price: $129,000 Cash invested: $32,250 Purchased in package deal of 4 duplexes in CLE in a 1031 Exchange deal after selling a townhouse in Lorton VA.

Purchase price: $107,000 Cash invested: $26,750 Purchased in package deal of 4 duplexes in CLE in a 1031 Exchange deal after selling a townhouse in Lorton VA.

Purchase price: $105,000 Cash invested: $25,750 Purchased in package deal of 4 duplexes in CLE in a 1031 Exchange deal after selling a townhouse in Lorton VA.

Properties purchased in a foreign currency are also subject to currency fluctuations which may affect the property value, income derived from it, and/or gains.

Like @Ryan Spath said, there's no statutory holding period to do a 1031 exchange, but longer is always better.

My goal was to sell a couple properties, and get one nice multi family / in Parkside, or shallow into the West End to manage AND make my home.I could not find what I wanted in 2023, so I did the best exchange I could from what was available within my time frame.It's hard to do a 1031, getting rid of multi properties in exchange for one, especially when you also want your new dream home to be part of the goal.I may try again, as I can't imagine any of my properties being the right long term home for myself.

Or does it just have to be one house that you can do a 1031 exchange with?

Remember if you do a 1031 out of Florida in to a state with income taxes you’ve just made those Florida gains taxable if you ever sell without an exchange.

I'd love advice on managing properties (including possible property management companies) and am open to expanding/exchanging/remodeling/etc.