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Updated over 6 years ago,
Sold a property, 1031 or pay the tax and shop more given mkt soft
Just sold an out of state property and shopping now to move those funds ($210K) locally (coastal South East market).
I had planned to do 1031 but looking at average to below average deals. With the market trending soft/correcting, should I just pay the tax and shop harder/longer or go with an average deal to take advantage of deferred taxes?