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Should I Sell My Rental Property or Do a 1031 Exchange?

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John is trying to decide between selling his rental property and doing a 1031 exchange. Here are a few things to consider.

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IRR Video: https://bit.ly/3vucWAZ

Cost Segregation Video: https://bit.ly/3aTJsUo

1031 Exchanges: http://bit.ly/2kQPvUb
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How to Decide If You Should Sell an Investment Property
Any time you have a tenant turnover, it’s a great time to take a look at what’s going on with your portfolio. You should consider if it’s a good time to raise rent, and consider the overall performance of the property. Run your numbers and determine if the property is performing well in your portfolio. See my IRR video for more details on calculating returns.

If the property is no longer aligned with your goals, it would be smart to sell it and use the profits to buy a property with better returns. A 1031 exchange is a great option if you are able to go that route. See my 1031 exchange guide here: http://bit.ly/2kQPvUb
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