1330 - I’m Four Months Into a 1031 Exchange—Now It’s All About Finding the Best Deal in the Haystack by Liz Zack

We are less than a month away from listing our Brooklyn, New York condo, which we bought for $375,000 back in 2004, the same week we got married. 20 years, two kids, and one chocolate lab later, we are selling the condo for something close to $1 million and then flipping the profits into a new investment via a 1031 exchange. (New here? Catch up on the last few monthly missives!)  As a reminder, we haven’t made much cash on this property over the past 20 years. The growth has been all equity—and now’s the time to cash in! Learn more about your ad choices. Visit megaphone.fm/adchoices