Using a 1031 Exchange 🏡

💰 How to Defer Taxes on the Sale of Your Investment Property Using a 1031 Exchange 🏡

If you sell a rental property for $600,000 and buy a new one for $750,000, your 1031 Exchange allows you to defer paying taxes on the $150,000 gain. You can use that money to reinvest in your new property without paying taxes right away! 📊

Without a 1031 Exchange, you’d pay taxes on the capital gains. With it, your taxes are deferred until you sell the next property. 🛡️

Call or text 📞 916-444-6900  to find out how a 1031 Exchange can help!