How to Sell Your House Without Paying Taxes? (1031 Exchange)

Описание к видео How to Sell Your House Without Paying Taxes? (1031 Exchange)

😱 Looking to sell your home but don't want to pay sales tax? If so, you might consider using a 1031 Exchange.

While many people are aware of the 1031 Exchange, few understand how it works and how they can use it. This method allows you to sell your house without paying taxes, as long as you reinvest the profits in another property within a certain period of time.

In this video, we'll break down the basics of the 1031 Exchange so you can understand how it works and see if it's an option for you.

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🔗 LINKS MENTIONED IN THE VIDEO
1031 Exchange 👉 https://www.irs.gov/businesses/small-...

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⏰ TIMESTAMPS
0:00 How to Sell Your House Without Paying Taxes? (1031 Exchange)
0:34 What Are Capital Gains? - Taxes On Capital Gains
01:36 Tips To Sell Your House And Not Pay Taxes
03:04 Do I Have To Pay Taxes On The Profit I Made Selling My Home?
04:28 How To Avoid Paying Taxes When Selling An Investment Property? - What Is A 1031 Exchange?
05:11 What Is A Like-Kind Exchange?
05:49 How To Do A 1031 Exchange?
12:02 Do I Have To Buy Real Estate With The 1031 Exchange?
12:51 Can You Purchase Multiple Properties?

📄 DISCLAIMER
**DISCLAIMER: THIS VIDEO IS FOR INFORMATIONAL AND ILLUSTRATIONAL PURPOSES BASED ON THE INDIVIDUAL EXPERIENCES OF THE PRESENTER. EVERY SITUATION IS DIFFERENT AND YOUR RESULTS MAY DIFFER. YOU SHOULD ANALYZE THE RISKS ACCORDINGLY BEFORE PROCEEDING TO TAKE ACTION**

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