Leverage your property sales by deferring capital gains taxes with a 1031 exchange, giving you more capital to reinvest in bigger real estate deals.
Let’s be honest for a second: you’ve worked hard to build up your real estate investments, but every time you sell a property, you’re getting hit with hefty capital gains taxes. It’s like giving away money that could’ve been used to grow your investment portfolio.
Sound familiar? The good news is, there’s a way to keep more of that money in your pocket—and it’s called a 1031 tax-deferred exchange.
Here’s the thing: when you sell a property, instead of paying those taxes immediately, you can defer them by reinvesting into a similar property. You get to put off paying taxes and use that extra cash to level up to bigger, better investments. Think about it—more money for buying another property that could diversify your assets or improve your cash flow. It’s a game-changer.
Also, you’re not expected to figure this out alone. Bill Horan, who’s been doing this since 1990, is the guy who can help you manage all the details—like the 45-day window to find a new property and the 180 days to close the deal. His job is to make sure everything goes off without a hitch.
So, why let taxes hold you back? Reach out to someone who knows the ropes, like Bill, and get the ball rolling. You’ve worked hard for your investments—don’t let taxes take a bite out of your success.
Got any questions about real estate? Whether it’s 1031 exchanges, investing tips, or just figuring out your next property move, I’ve got you covered. Feel free to reach out at 703-405-5119 or sue@richeypm.com. Let’s discuss how we can take your real estate game to the next level.
