![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3135453/small_1729105829-avatar-justins1227.jpg?twic=v1/output=image&v=2)
16 October 2024 | 0 replies
I was able to do little work, save money compared to renting, build equity in the house, and sell for a good profit that allowed me to 1031-Exchange into a Commercial Property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/664571/small_1663552387-avatar-michaelp219.jpg?twic=v1/output=image&v=2)
16 October 2024 | 1 reply
Nothing has been signed and no funds have been exchanged (aside from credit report costs to TransUnion, which I'll probably refund).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3118588/small_1726259938-avatar-diazprincipe.jpg?twic=v1/output=image&v=2)
15 October 2024 | 9 replies
I would make sure their audience fits your goals and try to get exchange creators to come on Mondays or Tuesdays (slow days) instead of paying them.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3131031/small_1728313314-avatar-mohitk21.jpg?twic=v1/output=image&v=2)
16 October 2024 | 25 replies
Since you’re dealing with a different currency, ensure you understand the implications of exchange rates on your financing options.Consider Partnerships: Partnering with local investors or using property management companies can help mitigate risks and streamline the investment process, especially if you're not in the country full-time.6.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1753876/small_1694774013-avatar-joelb158.jpg?twic=v1/output=image&v=2)
10 October 2024 | 6 replies
The listing agent told me that I have mention in the offer the seller is doing a 1031 exchange.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3076439/small_1721063146-avatar-rossk52.jpg?twic=v1/output=image&v=2)
21 October 2024 | 13 replies
It could be a good starting point and then sell and do a 1031 exchange.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2866950/small_1728843415-avatar-imanin2.jpg?twic=v1/output=image&v=2)
19 October 2024 | 16 replies
It would also make 1031 tax deferred exchange a more viable approach and tool you can use.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2633407/small_1697117098-avatar-clayt27.jpg?twic=v1/output=image&v=2)
17 October 2024 | 9 replies
Unfortunately, you miss out on a lot of the cool tax benefits you’d get with long-term real estate investing—like long-term capital gains rates, bonus depreciation, 1031 exchanges, depreciation, etc.Another thing to keep in mind is that when you buy a property to flip, you can’t just deduct the purchase price right away.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9011/small_1621348727-avatar-jgonzalez.jpg?twic=v1/output=image&v=2)
10 October 2024 | 2 replies
If you are wanting to sell your real estate property, but are worried about paying taxes on the capital gains, a great strategy to consider is a 721 Exchange.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1080793/small_1621508559-avatar-kevins426.jpg?twic=v1/output=image&v=2)
16 October 2024 | 10 replies
So, if you are paying the tax on that every 5 years whether you want to or not, it is not nearly the same advantage as one's own direct investments where they can 1031 exchange over and over until death and NEVER recapture that depreciation.