Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "1031 exchange rental property exchanged for something with more PASSIVE income?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous] Has anyone done a 1031 exchange of a rental property for something that has more passive income than rentals? If so please share your story and if you recommend it. I know rentals with a property manager are considered passive-ish income, but these are old rentals that have needed lots of repairs and the usual updates. You have to place a lot of trust in the realtor and his/her people to get it all done properly and I'd like to slowly move toward a less stressful investment. Also please share any regrets or "wish I'd known" information from your 1031 exchange experience. We would use a lawyer who has experience in the area, but just trying to figure out if I am better off just taking the tax hit. These properties have appreciated quite a bit so taxes would be massive if we sold without an exchange.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
