Unlocking the Upper-Middle Class: The Untold Power of Real Estate in Your Wealth Journey
In fact, this upfront depreciation also enables the “lazy 1031 exchange” strategy. As old investments sell off and pay out, you can offset both the capital gains tax and depreciation recapture with new depreciation from new passive investments.
And you don’t even have to putz around with qualified intermediaries, the 45-day rule, or the 180-day rule like you do with actual 1031 exchanges.
Want to Join the Upper-Middle Class?
You don’t need an advanced degree to earn a high income or grow your net worth with real estate investments.
Post Comment