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All Forum Posts by: Jeremy Cooper

Jeremy Cooper has started 1 posts and replied 3 times.

Hi Jason,

I will be relocating out of state in two years. I don't particularly like the idea of hiring a property management company. At least not while I am that far away.

The owner financing option is the best one I've seen as far as taxes go.

I won't be listing the properties for a year. At that point I will definitely reach out.

Thanks,

Jeremy C.

Thanks for the quick reply,

I know 1031 is not applicable for me. I was just using that as an example of what I want to do. Really just anyway of converting real estate to stocks.

Hi,

I currently own three multifamily homes in Jacksonville Fl. I'm new to this site, so if I leave out any needed information please let me know.

I will be relocating for work in 1-2 years out of state. I want to sell these properties off and reinvest the proceeds into some combination of stock/bond/mutual funds etc.

I own the properties out right (no mortgages) I would like to sell these without paying massive capital gains taxes. Is there anything like a 1031 exchange, where I take my capital gains and immediately reinvest them without paying taxes?

Thanks for your help,

Jeremy C.