The psychology of previous investment kills both investors and gamblers.

Or, if possible, move into a different property, hold onto this property for another 2 years or so, (your circumstances have now changed) and you'd like to sell your investment property, 1031 all proceeds into a "like-kind" property and benefit from the 1031 tax deferral. 

At least, I've never encountered two that looked alike.

Institutional and regular folks alike! 

Most over leveraged owners are like addicted gamblers, they don't believe they have a problem (over leveraged) until the market turns and they go broke/bankrupt.

A Section 1031 exchange, often referred to as a “like-kind exchange,” allows for the deferral of capital gains taxes when you reinvest the proceeds from the sale of real property into another real property of like kind, used for investment or business purposes.Unfortunately, you cannot use a 1031 exchange in this scenario because the sale of a primary residence and the purchase of a small business do not meet the “like-kind” requirement.

The knowledge and experiences shared within a like-minded community can often prove just as enriching as formal coaching.Are you going to BPCon2023 by chance?

I have people in my own organization who have case study after case study about gurus and gators alike. 

Tax laws are constantly evolving, and staying up-to-date is crucial for businesses and individuals alike.

The 1031 can defer capital gains taxes, but it’s crucial to identify a like-kind property and complete the exchange within the IRS timelines.