How to Pay No Taxes on Real Estate
By Moshe Popack -
This is how you pay zero taxes on the sale of your property.
So one of the greatest gifts that the federal government gave us is something called a 1031 exchange or like-kind exchange.
When you sell a piece of real estate, unlike selling a business, you can go ahead and put it into an escrow and use that money to buy the next property.
So you can actually build a real estate portfolio without ever having to pay a single dime in taxes on any of your gains.
That’s actually pretty cool.
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