Happy 10-31 Exchange Day! Don't be scared! It's me Karen

By
Real Estate Broker/Owner with Reputable Realty # 01804752

Imagine you have a pencil drawing of a small house. Next to it, draw a bigger house. Then draw an arrow connecting the two houses. Label the arrow "1031 Exchange." Add a thought bubble to the first house with a dollar sign and a sad face, and a thought bubble to the second house with a dollar sign and a happy face. This illustrates that with a 1031 exchange, you can trade your smaller property for a bigger one without paying taxes, making you and your properties much happier!

Remember, this is just a playful illustration and not a legally accurate representation. Always consult a tax professional for real advice on 1031 exchanges!

 

Sellers, looking for a unique marketing plan?  I market your home like no one else will,  Buyers I have Mom appoved customer service.  Agents I am a referral resouce you can trust. Call me and we can talk. I service the Victor Valley of CA, and the Hil County area deep in the heart of Texas.

I'm Karen Sanchez

REALTOR

 
"Marketing your house like no one else will "
760..684.0250

Licensed in two states, CA and TX

Working the Victor Valley, and South Bay area. Some other So Cal areas by request and the Hill Country of Texas.

Legal stuff to follow 

Karen L. Sanchez 
Broker Repulatable Realty
                 #01804752
Email: karen@karensoldit.net
 
Berkshire Hathaway HomeServices
Don Johnson Realtors New Braunfels TX
Cell: 760-684-0250
Office: 830-624-8272]
karensoldit@yahoo.com
Texas Real Estate Commission  Information About Brokerage Services
Texas Real Estate Commission Consumer Protection Notice

Comments (4)

Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

Thanks for sharing information on 1031 exchanges.

With a 1031 exchange, you can trade your smaller property for a bigger one without paying taxes, making you and your properties much happier!

Oct 31, 2023 04:55 AM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

I have heard more people mentioning 1031 exchanges lately. Hopefully sellers will get "the point!"

Oct 31, 2023 05:02 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Thanks for sharing and enjoy your week! 

Bill Salvatore, Realtor- Arizona Elite Properties

Oct 31, 2023 05:38 AM