In part 2 I’ll outline: The market conditions of the middle of 2020 and why it was the perfect time to sell, a definition and discussion about the Return on Equity % metric, how and why I decided which properties to sell.
1031 Basics (1031 exchange series - Part 1)
If you’ve been a regular follower, you know that one of my major 2020 undertakings was the completion of a massive 1031 exchange. I sold three properties, then bought three new properties. This process allowed me to defer all capital gains from my sales, plus improve my cash flow by around $1,500 per month…