Should you really do a 1031 Exchange? Maybe, maybe not. In this video I'll give you 8 reasons why you should NOT do one.

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🙋‍♀️ Please say hi in the comments so I know you were here! - Maxine

WHY DO A 1031 EXCHANGE?
Somebody may have told you that you should do a 1031 Exchange, and here's why. If you don't do a 1031 Exchange when you sell your rental property, you may have substantial taxes in four categories (Capital Gains Taxes, Depreciation Recapture Taxes, NIIT Taxes, and relevant State Taxes). Real quick, a 1031 Exchange is when you sell one property held for investment, and buy another property held for investment, with specific rules and timelines.

IRS LINKS:
Here are the links to IRS form 8824 and instructions, which your accountant would submit for you when you do a 1031 exchange:
Form 8824 Instructions: (PDF) [ Ссылка ]
Form 8824 to Download: (PDF) [ Ссылка ]

ABOUT ME:
If we haven't met, my name is Maxine Golden. I'm a long-time real estate broker, and your 1031 Exchange Lady. I started this channel for small investors like you, so that you can save money on your taxes like the big boys do, under the 1031 Exchange law. The 1031 Exchange has been around for more than a century. It's a bit nuanced, so I started this channel to help you do it more easily.

HOW I HELP YOU:
I specialize in helping rental property owners like yourself in cities across America find qualified experienced real estate agents who can help them with their 1031 exchanges and to defer their taxes.

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LET'S CONNECT:
- Text Me: (949) 279-4618
- Email: maxine@maxinegolden.com
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MAXINE GOLDEN
- Realtor | Real Estate Agent | Real Estate Broker
- Accredited Buyer Representative
- Certified Residential Specialist
- California Broker license No. 00426234
- Oregon Principal Broker license No. 201225449

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