@@Panamaking oh..ok..yea im selling a rental but Im not sure if I'm gonna 1031..I kinda want to use the proceeds to buy myself a nicer home and then turn my home into a rental
@@Panamaking yea ..I guess I could do that ...I wonder if it's too late I'm under contract to sell by the 12th of next month...Ive never done a 1031..I guess I could call around and ask them
I will also edit your full podcast
How would u do it
Nooooo 😩😩😩
Lol
I love to hear about your firsthand experiences! ❤❤❤❤❤❤❤
🙌🏽🙌🏽🙌🏽🙌🏽
Are you going to pay the cap gains when you sell it..or do a 1031
1031 exchange all day
I’ve never paid taxes on any of my flips because I buy a rental right afterward king
@@Panamaking oh..ok..yea im selling a rental but Im not sure if I'm gonna 1031..I kinda want to use the proceeds to buy myself a nicer home and then turn my home into a rental
@jayc4715 u could rent out the rooms or rent it out during the weekend when your out of town my last guest is doing that
@@Panamaking yea ..I guess I could do that ...I wonder if it's too late I'm under contract to sell by the 12th of next month...Ive never done a 1031..I guess I could call around and ask them
@jayc4715 ask your income tax person or your cpa