Say you sell your $300,000 rental property and buy a new one for $400,000. With a 1031 Exchange, you can defer taxes on the $100,000 profit. Instead of paying taxes, reinvest that amount into your new property! 📉
Without a 1031 Exchange, you’d pay taxes on the capital gains right away. With the 1031 Exchange, your taxes are deferred. 🔑
Call or text 📞 916-444-6900 to explore how a 1031 Exchange works for you!