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Updated over 5 years ago,
How to limit taxes using opm
I am getting started and have an investor. They have a 403B, which is similar to a 401K. I spoke to a cpa and was under the impression that I could use a 1031 exchange as long as I am using the money for another investment. She told me that is not the case. In short. She said unless I buy one house then sell it then I can use the 1031 to buy another house. I want to use the BRRRR Strategy but again she said that it wasn't possible unless I sell the house. Any insight????