Real Estate Investing
“What should I do about a 1031 exchange when I sell my rental?”
A 1031 exchange often comes up when a rental property is sold and the owner is looking at whether the proceeds can be reinvested in another property without creating an immediate taxable gain. The practical answer usually depends on the property’s use, whether the replacement property is also held for investment or business purposes, and how the sale and purchase are timed and documented. The title structure, closing process, and any personal use of the property can also affect how the exchange is treated. 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 Arizona, am I missing deductions?”
“As a freelancer with rentals in Arkansas, am I missing deductions?”
“I successfully refinanced my investment property and pulled out cash to buy another one, is that massive cash out legally considered taxable income?”
“I regularly rent out a spare room in my house on Airbnb, how do I accurately report the income and what specific household expenses can I legally deduct?”
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.
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