The best kept secret if you have a highly appreciated asset you would like to sell, you'll be glad you came across this info. It's not an accident you are reading this at this very moment. Things happen for a reason, take the clue and check it out, and then follow your instincts. They are always right.
Lillian Walker-REO Broker/Owner/Auctioneer RCS-D saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.
Do you have highly appreciated real estate assets you want to Exit out of?
Do you or someone you know ever have a piece of real estate you would love to sell but can't stomach or fathom paying all the taxes? Not thrilled about giving up your leverage by using a 1031 tax exchange? I know how you feel, it doesn't feel good and it does not make any good business sense to enter in a negotiation, where a seller knows you are using a 1031 tax exchange and you are locked into having to identify a property within 45 days and then adquisition within a 180 days.
I don't know about you, but when ... more