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Updated almost 7 years ago on . Most recent reply

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Michael Hanson
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Looking for advise 1031 exchange

Michael Hanson
Posted

I have a duplex rental in shoreline since 2004 and would like to either recoup some of the equity to reinvest in new properties or 1031 exchange to a larger property with higher cash flow 

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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
ModeratorReplied

What's your goal? Do you want to own more rentals? Want to invest passively? Do you want cash for other options? Want to keep being a landlord?

Also you can likely get another investor to buy without even listing it- Shoreline is a great area.

@Dave Foster is who I recommend hands down if you want to go the 1031 route- He's a super expert.

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Kolodij Tax & Consulting

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