This is one of the most common conversations I have with rental property owners. They want to sell, but the tax bill keeps them frozen. š¢
Here's the way out. A 1031 exchange lets you sell your rental and roll all of the proceeds into another investment property while deferring the capital gains tax completely. Your equity keeps working instead of a huge chunk going to the IRS.
Tired of managing an older building? Exchange into something newer with fewer headaches. Rents under market? Trade into a property with better numbers. You can even move your money into a different market entirely. There are strict deadlines (45 days to identify, 180 to close), so the planning starts before you list. ā±
I run these regularly with trusted exchange accommodators. š
Comment "SWAP" or text me before you sell and I'll walk you through your options.
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562-600-9793
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Ray@Mira-RealEstate.com
šø raymiramontes_realestate
Ray Miramontes, Circle Real Estate
#1031Exchange #RealEstateInvesting #Renta...