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Updated over 8 years ago on . Most recent reply

Simone Newsome's profile image
Simone Newsome's profile image
Simone Newsome
  • from Oakland, Ca
  • Member since Aug 8, 2017

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Simone Newsome's profile image
Simone Newsome's profile image
Simone Newsome
  • from Oakland, Ca
  • Member since Aug 8, 2017
Simone Newsome
  • Oakland, Ca
4
Votes |
10
Posts
Buying & Selling Real Estate

Selling my first home/ cash flow advice

Simone Newsome
  • Oakland, Ca
Posted
Good evening I'm selling my first home I partnered with my sister 2 years ago. We bought at 210 k in the Bay Area and listed for $365k. I'm just wondering what to invest in next for cash flow -single family out of state (what cities?) I been looking into Indianapolis -foreclosures -tax deeds
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Grant Anderson's profile image
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Grant Anderson
  • Investor
  • from Indianapolis, Indiana
  • Member since May 4, 2010

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Grant Anderson's profile image
Grant Anderson's profile image
Grant Anderson
  • Investor
  • from Indianapolis, Indiana
  • Member since May 4, 2010
Grant Anderson
  • Investor
  • Indianapolis, IN
41
Votes |
117
Posts
Grant Anderson
  • Investor
  • Indianapolis, IN
Replied

What ever you decide you should talk to your tax professional about doing a 1031 exchange. It will defer your taxes on the gain.

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