In 2022 I did an abnormal amount of 1031 exchanges for clients. Finding replacement investment properties that make sense and cash flow with 6% cap is what one should expect. Avoiding capital gains is the main goal of course but you want to park your funds in a property that makes sense. I’ve been a full time roseville real estate agent since 2004. Over the years I’ve come to know what makes sense when doing a 1031 exchange. Knowing the time frames, 45 days to identify a property then closing within 180 days is important to keep in mind.
If you’re needing to do a 1031 exchange, make sure you contact an experienced roseville realtor like myself.
Feel free to give me a call with any of your real estate questions.
Re/Max Gold - Chad Phillips
