real estate tax-deferred exchange
Real Estate Buy Sell Rent vs 1031 Exchange Secret
The IRS allows a 180-day identification period and a 360-day replacement period, letting you sell your single-family home, buy a four-unit fixer-upper, and defer all capital gains without state tax. 1031 Exchange Rules 2024 outlines these timelines. In Texas the strategy works especially well because multifamily properties qualify as like-kind