264: Rookie Reply: Building vs. Buying and Avoiding Capital Gains on a Sale
Real Estate Rookie
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Can You Make Half a Million Dollars Tax-Free?
The 1031 exchange is a fantastic way to defer paying taxes, use all of your gains from a sale towards the purchase of another property. There are some restrictions around what you can do and there's some pretty strict timelines around when you need to identify and close in that property. But this one strategy, some people call it swap to you drop, is what a lot of real estate investors do to continue to scale their portfolio up without paying any capital gains taxes during their lifetime.
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