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Updated about 4 years ago,

User Stats

74
Posts
43
Votes
Candice De
  • Real Estate Agent
  • Denver CO and Summit County, CO
43
Votes |
74
Posts

Is now a time to do a 1031 Exchange?

Candice De
  • Real Estate Agent
  • Denver CO and Summit County, CO
Posted

I have a duplex just outside of Denver.  It is a quaint 1BR/ 1BA on each side.  We have the original tenants on one side and good (but newer) tenants on the other side.  It would be a perfect house hack for someone (not my family of four unfortunately).  We are making small cash flow and decent appreciation.  I am wondering when is a good time to let it go. The leases go through next summer.  

Then, is it crazy to think we can get under contract on another "good deal" in this craziness? I also thought I heard something about Biden doing away with 1031 Exchanges.  Any insights?

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