As you grow, use 1031 exchanges to defer taxes and scale your portfolio.This post does not create a CPA-Client relationship.

@Aleksandra DrovalI'm not sure what statistics you're looking at but everything I've read and heard shows exactly te opposite, that hotels are losing to Airbnb precisely because of the experience.

I took no money from the cash flow (when there was any) and I never made a late payment to the bank.This fall, nearly 12 years after the bank gave me that house, and over 15 years after I knocked on that door - after evictions, vacancies, insurance claims, and never taking a dime out of it - I sold that house and placed all of the proceeds in a 1031 exchange.

Right now, homeowners across the country are seeing record amounts of equity.According to Intercontinental Exchange (ICE), the average homeowner with a mortgage has $319,000 in home equity.Why Have Homeowners Gained So Much Equity?

We don't love the piling on of renters, and yet ... we love our neighborhood in Colorado Springs precisely because everyone's been there for years and knows each other, and there is a sense of community.

What happens if you lose on it, you now have an additional liability, not just a loss of money.Are you planning on keeping the current property or exchanging it (1031) into something else?

You also might consider a 1031 exchange to a better neighborhood.

paid cash from a 1031 Exchange How did you add value to the deal?

If you have never completed a regular 1031 exchange I can not recommend a reverse 1031 exchange.

Last month, it told the SEC that its shares were now worth $19.26.But there’s a catch: Investors can’t exchange their shares for cash at will, as they can with shares of an exchange-traded REIT.