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Updated about 4 years ago,
At what price point is it worth doing a Section 1031 exchange?
I live in CA and have owned several rentals in central PA for four years. It's in an area that is known to cash flow, but not appreciate due to a declining population. I've been thinking about selling a rental or two (with or without taking advantage of Section 1031)...
At what price points does it make sense to pay a Section 1031 intermediary to do a S1031???? 50K? 100K? 500K? 1M? How much does it cost?
The option would be to hold onto the rentals until I die.