Are you a landlord looking to move out of your current market?
Do you have an income property or commercial property? You may be able to exchange that property for a vacation rental in Sun Valley, Idaho!
Home values have neared their value of a decade ago and many investors think today is the optimal time to exchange properties in expensive markets for cash flowing properties across the country.
Idaho is a landlord friendly state which makes your job easier. Not to mention, you have an occasional vacation home in Sun Valley!
Thanks to IRC Section 1031, a property structured 1031 exchange allows an investor to sell a property and reinvest the proceeds in a new property to defer all capital gains taxes.
For example:
- If you own a commercial property in Seattle, you could exchange it for a vacation rental in Sun Valley, Idaho.
- If you own a rental home in California, you could exchange it for an income property in Sun Valley, Idaho
Pioneer Title has an office in Ketchum, Idaho and can manage your 1031 exchange and purchase/sale in house. Pioneer 1031 Exchange Details
Let’s talk today about how this could benefit you!
