Will Coleman and Mike Taravella Interview Paul Moore of Wellings Capital.
Key Information:
1031 Exchange: A swap of one investment property for another in order to defer capital gains and appreciation recapture taxes.
Pros:
- Capital gains tax deferment
- Higher leverage to be used on a new investment property
Cons:
- A timeline of 45 days to find a replacement property following the sale of a property.
- Complete compliance with strict rules and regulations associated with the 1031 agreement.
Read further: https://randcre.com/how-dsts-work-with-paul-moore-rand-cre-show/
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