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RE: Ways to Save Taxes When Selling a Property

in #realestate • 6 years ago

I turned a previous primary residence into a rental property, so I am staring down a huge tax bill if and when I ever sell the place due to taking the depreciation deduction each year. Can you use the 1031 trick with a rental property?

6 years ago in #realestate by
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     6 years ago 

    Yes, the 1031 exchange is mainly used by investors and rental property owners. I have a ton of other real estate info on my site: https://scaredycatguide.com/

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       6 years ago 

      Awesome, I will definitely be bookmarking this and utilizing your research heavily :D

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