If you own real estate investment property, you have probably heard the term 1031 exchange at least once, but until you are considering upgrading or selling your property, you might not really know what it means or when you might benefit from it. What is a 1031

People ask me about the taxable gain on selling a rental property all the time, so I wanted to take a minute to outline it for you in this post. I wish I could tell you this was a cut-and-dried situation. That it was black and white and the pros or cons were the