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1031 Exchanges

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Evangeline O'Dowd
Pro Member
  • Holly Springs, NC
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13
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Should I sell my current rentals and invest elsewhere?

Evangeline O'Dowd
Pro Member
  • Holly Springs, NC
Posted Jan 26 2020, 16:06

My current residential rentals have increased a lot in value. If I bought a similar property in my area for today’s price, it would never pass the 1% rule. So I’m wondering if I should sell some or all of these, do a 1031 exchange and invest in a different area where the price and rent are more in line with the 1% rule. I’d appreciate any advice! Thanks.

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