I have surpassed the ability to do a sec. 121 and avoid capital gains. 

We divested of these assets a significant gain, allowing us to leverage our equity into larger multifamily investments.

It isn’t beneficial in any partnership to put the entire weight of your support needs on them.

-Are my proceeds subject to capital gains tax?

-Are my proceeds subject to capital gains tax?

This doesn't include any taxes and the risk of not finding a like property within the time frame given through the 1031 ruling. 2) All of your gains in your current property will be used to pay down the next property, the $50k, as anything else is against the 1031 ruling. 

They're on month-to-month with long-term tenants who haven't seen a rent increase in years.Have a nine (remaining) day period to gain access (due to tenants), assess conditions, and either continue or pull out of the deal before earnest money is due.The problem we're experiencing is that buying as a package strains our liquid reserves to an uncomfortably tight level.

I am awaiting to schedule an inspection with 2 other HVAC contractors to get their take on it.I'm hoping to gain some wisdom from some of you who might have been in my situation.How did you deal with the situation?

This means that you have to pay cap gains in both California and Oregon.

There will also be capital gains taxes you will have to pay on any gains to the funds you invest.