Capital Gains - To sell or to hold?

[John Schutt]

Hi all!

I bought a C* B- 8plex 18 months ago via 1031 exchange with a plan to fix up units, raise rents, and possibly sell in 3 to 5 years.

Got a call from an investor with an offer $100k over what i paid for it just a year and a.half ago.

Question is, do i sell and pay $75k in cap gains from 1031 and deprecuation, or hang on, rehab units and sell in a few years?

Feel like next administration will be raising cap gains tax, so is now the time?

thanks in advance.

John