Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago, 06/03/2018

Account Closed
  • Wholesaler
  • Phoenix, AZ
10
Votes |
97
Posts

Rehabbing & 1031 Exchanging Profit

Account Closed
  • Wholesaler
  • Phoenix, AZ
Posted
Hello Guys, I have a question to those who flip 25 plus homes a year. What is the best strategy out of the two I am about to put down below Strategy one: Flip homes sell them, take profit and keep flipping, paying taxes at the end of the year Strategy two: Flip homes 1031 exchange profit into the next deal until you have profit greater than your flips that you have to buy multiunits due value of past properties being a good amount of money. Has anyone done this ? What would you recommend ? This is what I see? Benefits of 1031 exchange are you avoid paying taxes and if your in real state for the long term might as well keep your money in real estate, I see real estate as being a money printing machine. Once you get into multiunits you will cashflow every month, while you are rehabbing it, and tenants are paying the loan at the same time. What do the you guys think ? Please give me cons and pros of each scenario. (only guys who have done 1031 exchange and flip more than 25 plus homes a year )

Loading replies...