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Updated over 7 years ago,
1031 a SFH rental or not
I am selling one of my rentals and the tax consequences will be about 10k, so I can exit this property with 40k or 50k depending on what I do. Due to the high RE market right now I have no idea if I will be able to meet the time requirements for the 1031. I tend to make bad decisions so would you 1031 or just pay the taxes now? I do intend to reinvest the money in some form of RE. Kind of wish I would have just refi rather than sell.