Is now a time to do a 1031 Exchange?
I have a duplex just outside of Denver. It is a quaint 1BR/ 1BA on each side. We have the original tenants on one side and good (but newer) tenants on the other side. It would be a perfect house hack for someone (not my family of four unfortunately). We are making small cash flow and decent appreciation. I am wondering when is a good time to let it go. The leases go through next summer.
Then, is it crazy to think we can get under contract on another "good deal" in this craziness? I also thought I heard something about Biden doing away with 1031 Exchanges. Any insights?