A 1031 exchange is a great strategy to defer taxes on the sale of a rental property, giving you more cash to reinvest into your next real estate deal. This week, Travis outlines an example of when he used a 1031 exchange to sell a rental property that wasn’t performing as well as he would like, using the proceeds to purchase two better performing properties. This is a great way to sell less desirable properties in your rental portfolio and replace them with better assets, tax free!
Are you in the game to invest into a rental property? Pine Financial Group can help! Check us out at https://www.pinefinancialgroup.com/ to see what lending options we can provide you for your next real estate investment!
Also check out our Facebook at https://www.facebook.com/PineFinancial to find more videos, articles, and educational content that can help you! You can also contact us through this page or at 303-835-4445.