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Updated 3 days ago, 12/21/2024
1031 exchange 300k
Hi I’m selling my business and house in ma and moving to Lexington sc in 2025. When I sell my business I will have 300k to invest puss 300-400k left over after I buy my residential house. I plan on building up a real estate portfolio. My question is what’s the best way to spend my 1031 of 300k do I buy a 2 or 3 family put right ?. We plan on buying in Columbia sc and im thinking of buying property near the hospitals and college and renting to collage studies and short turn nurse rental. What are some suggestions. thank you Rob