Compass SF

Tag: Real Estate Taxes

Posted on 05/02/2021
How to Convert a 1031 Property Into a Personal Residence
Photo by Karolina Grabowska from Pexels 1031 exchanges are special transactions in which one investment is effectively “swapped” for another. In real estate, this means selling one investment property for another of “like-kind.” This can be an effective and lucrative strategy because it can allow you to defer certain taxes as long as you abide by specific rules...
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