f you’ve ever driven through the intersection of I-15, I-215, and Murrieta Hot Springs Road, you’ve seen the vacant “triangle” of land that’s been sitting empty for years. Locals have wondered when or if anything would ever happen there. Now, it’s official: Murrieta has adopted a new development plan for the Golden Triangle, paving the way for a massive open-air shopping, dining, and entertainment destination that could redefine the city’s retail scene.

If you're thinking about selling a rental or investment property and reinvesting the profits without getting slammed with capital gains taxes, a 1031 Exchange might be your best move. But what is it, how does it work, and how do you actually upgrade your portfolio with it?