Previously, Travis has discussed 1031 exchanges and how they can be a great strategy to defer taxes on the sale of a rental property, giving you more cash to reinvest into your next real estate investment. This strategy can definitely be a great way to sell your less desirable rentals and replace them with better assets, but what if you find a better investment property to purchase before you are able to sell your current investment? This is where a reverse 1031 exchange can come into place and help! Travis discusses a reverse 1031 exchange, exactly what is it, how it can work, and the benefits of using this strategy in a hot market.
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