In a 1031 exchange, you must reinvest all $450k and replace any associated debt to defer taxes fully.

Any insights here would be great!

Tax-Free Exchanges: While 1031 exchanges aren't available to SDIRAs, the tax deferral within the account means you can sell property and reinvest proceeds into new opportunities without immediate tax consequences.

Perhaps there is a relevant book or podcast that you could suggest to expand my knowledge in this area.Considering you're experience with creative finance deals, which you mentioned previously, I am keen to hear about your personal insights and experiences.

The 1031 exchange rule to defer your tax is two part 1) reinvest all your proceeds and 2) purchase a property (or properties / DSTs/TICs) with an equal or greater market value.  

Quote from @Patrick Albright: You could look at doing a 1031 Exchange to avoid any tax hits this year. there is no tax. 

For example, if I were to invest in Columbus, Ohio, could anyone share their insights on which neighborhoods or parts of the city offer good returns?

There’s a lot to learn and share, so feel free to reach out with questions or insights from your project.

Hey everyone thanks for your insights.

Happy to share insights or help however I can, no matter where you decide to invest, or tell you more about Chatt!