Updated over 4 years ago on .
Most recent reply
presented by
1 month to find a property to file for a 1031 exchange
Hey, I’m looking for some advice and some realistic expectations if I could find a property within a month to file for a 1031 and if it’s worth the risk or just bite the bullet and pay the taxes. Im also looking in the Kissimmee area.
Most Popular Reply
Dave Foster
Tax & Financial Services
Pro Member
- Qualified Intermediary for 1031 Exchanges
- St. Petersburg, FL
- 9,525
- Votes |
- 9,193
- Posts
@Oscar Barros, No one ever went broke paying tax on profits. So don't buy a bad property just to satisfy a 1031. But that being said, remember that a good deal today may not look like what a good deal looked like a year ago.
And if taxes are a real killer for you have you looked at another sector like commercial or DSTs?
- Dave Foster
The 1031 Investor
109 Reviews
5.0 stars