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Updated over 2 years ago,
Questions on the next step
Hi guys, question for you. I own a few properties and I’m looking to sell one. I built 2 three bedroom 2 bath homes on Kauai in 2005 on the same large lot. I have some good equity now, (approximately $1 mil) 4.75% is my current rate. I’m thinking of selling now but curious what my best bang for the buck would be. I like desirable vacation spots, I own 2 cabins in Lake Tahoe and a wedding venue/ vacation rental near Santa Cruz CA. I’d ideally like to do an extensive remodel on the Tahoe property but that makes the 1031 exchange a no go. Any advice on what to purchase?
Thanks