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Updated about 7 years ago on .
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Sell My Business —> Invest in Real Estate, Any Tax Strategies?
Hi Guys!
I have spent the last several years creating and building up several businesses here in California. I would like to now sell these businesses, take these funds, and invest full time into real estate.
Are there any legal tax strategies where I could sell my businesses, purchase properties with the proceeds, and defer/avoid/shelter myself from the business sale tax burden while purchasing properties? Possibly similar to a 1031 type structure?
My apologies if this is basic info, I’m pretty familiar with real estate but very ignorant of tax investment strategies.
Thank you!
- ND