

Marla Wong
Bay Area real estate agent serving San Mateo County and San Francisco
A 1031 exchange can offer landlords an opportunity to sell one rental property and reinvest the proceeds into another while deferring capital gains taxes. In this article, I share a real-life example of how one property owner used a 1031 exchange to transition out of a rental that had become difficult to manage and into an investment that better suited their needs. I also cover a some basic but important things property owners should know before considering a 1031 exchange.