Market Trends & Data
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Advice on current market
Hi there, wondering if someone can help me, I sold a property recently and put the profits into a 1031 exchange, my goal was to buy three more cash flowing properties but then last week I was let go from my job of 20 years so the interest rates have gone up so much the properties don't cash flow anymore.
I was going to take out the money and take the tax hit (Im in CA so it is so much money) I only have a few more days to decide but I was thinking about investing it into a DST instead... any thoughts on this? would this be crazy in the current environment?
Any advice appreciated