1031 Exchange versus Selling

[Rafal K.]

Hi everyone,

I am selling a 4 unit with potentially a large gain. I lived in it the last 2.5 years.  I am trying to find and pay a CPA to run the scenario on the potential tax hit if I do not do a 1031.  I'd like to do a 1031 but wont let the tax tail wag the dog.  Does anyone have a real estate savvy CPA that they recommend that I can pay to run the potential tax hit on the capital gains?  Any recommendation are truly appreciated.

[Alex Olson]

@Dave Foster would be good to talk to as he can help out with the calculations but your CPA that you use should know or be able to refer you out to someone who knows real estate and cap gains. Hope that helps!