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Updated almost 2 years ago,
Helping Seniors selling rental property
I am going to be an agent soon, and recently I came across an older person who didn't want to sell his rental because of the tax consequences. I thought I had heard on a BP podcast, I can't remember which obviously, that they talked about selling a property and then 1031 the proceeds into something where you still got the income but you were not the landlord.
Any help would be appreciated and is this a good strategy for older people.