I own 2 pieces of property in California, a condo I purchased 3 years ago and a single family home, which I purchased almost 2 years ago by refinancing my condo. I owe 140,000 on condo and 154,000 on my home, the condo is valued at 275,000 and the home at 302,000. My rent on my condo pays for the mortgage and taxes but not my association fees of $150.00. The condo is in excellent condition and the single family home is also in mint condition. My home is 5 miles from the beach in a small town in the central coast that is slowly but surely growing with potential, I have been living in this home myself for almost 2 years. What should be my next move? Sell? 1031 Exchange? Is there any way I can sell my condo and somehow avoid capital gains? Sell both properties and purchase a larger propery in a better location? Do nothing at all? Advice would be greatly appreciated! Steve