A 1031 exchange allows you to defer not only the capital gains tax but also the depreciation recapture tax, which can be at a higher rate.If you have any further questions or need assistance with your 1031 exchange, feel free to reach out!

We were initially looking out of state for a potential move and or investment property just because the property taxes without being able to homestead, plus high cost of insurance, and harsh weather on homes made me feel like it might not be worth it.

I’ve done my research with (reading books, podcasts, etc) but still feel like I’m not doing enough.

I do have a silent investor, but when it comes to securing funding, it often feels like I’m navigating it alone.

Let's say you paid $250k for it, and it's now market value $500k.

Feel free to dm me if you want a 3rd opinion on your home. 

Quote from @John Warren: @Mordechai Chaimovitz cap rates and NOI are commercial real estate terms, and 1-4 units are not really valued in the same way.

Reality is owners do NOT value/track their own time, but handymen and contractors start charging the moment they leave their home or office.

Battery Park City Exchange (New York City): The city of New York engaged in a land swap with the Battery Park City Authority, allowing for the creation of a new public school and affordable housing units in exchange for a parcel of land that was then developed into a high-value commercial property. 5.

Feel free to message me if you want to chat about it