📈 Stock Market 7h ago · David Beren

He’s Swapped One Rental for Another Three Times Since 1994 and Never Paid a Dollar of Capital-Gains Tax. If He Still Owns the Last One the Day He Dies, Nobody Ever Will

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The post He’s Swapped One Rental for Another Three Times Since 1994 and Never Paid a Dollar of Capital-Gains Tax. If He Still Owns the Last One the Day He Dies, Nobody Ever Will appeared first on 24/7 Wall St..
If you own a rental property with a stack of appreciation you never want to hand to the IRS, Section 1031 of the tax code has a door most landlords never walk through. A like-kind exchange lets you sell one investment property and roll the entire proceeds into another without recogn

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