Real Estate Investing
“Should I use a 1031 exchange when I sell my rental property?”
A 1031 exchange is often considered when selling a rental property, but the fit depends on several practical details, including whether the property was held for investment, what kind of replacement property is being contemplated, and how the sale and purchase are structured. The timing of the transactions, the use of sale proceeds, and any personal use or mixed-use history can also affect how the exchange is treated. In many cases, the broader tax picture includes potential gain recognition, depreciation history, and whether the seller wants to keep capital working in real estate rather than taking cash out now. A CPA who reads your specifics can usually tell you, in plain English, where this lands.
In your 60-minute session, the KGOB advisor handling it will:
- Read your exact situation and tell you, in plain English, what’s actually going on.
- Lay out your options and the trade-offs — no jargon, no judgment.
- Give you a clear next step you can act on, whether that’s with us or on your own.
“As a freelancer with rentals in Alabama, am I missing deductions?”
“As a freelancer with rentals in Alaska, am I missing deductions?”
“As a freelancer with rentals in Colorado, am I missing deductions?”
“As a freelancer with rentals in Arizona, am I missing deductions?”
“I flipped a severely distressed house in less than a year, will my massive profits be taxed as ordinary income or short-term capital gains?”
“I am selling a highly profitable rental property and want to use a 1031 exchange, exactly how long do I have to officially identify a replacement property?”
This page is a prompt to start a conversation, not tax or legal advice, and states no tax-law specifics as fact. A consult session does not by itself create an ongoing engagement. We do not promise specific outcomes or savings. Kohari Gonzalez Oneyear & Brown PLLC — Charlotte, NC.
Back to the full library