1031 Exchange Part 2 in Ocala FL
Purchased two single family homes in Ocala as part of my 1031 exchange sale. This 3/2 house was purchased for $165K in Ocala Park Estates and should rent for $1500-1600 with minor cosmetics. I wanted to trade out of my 1950's, high-capex duplex in Jacksonville and improve the quality of renter and newer building for the long run. This Ocala house should help me accomplish this goal.