
Retirement Community
6607 El Rodeo Rd, Rancho Palos Verdes, CA, 90275
Mirandela Senior Apartments Has 34 Units Available
Belmont Village Of Rancho Has 1 Units Available
Emerald Isle Assisted Living Has 1 Units Available
Palos Verde Villa Has 1 Units Available
The Canterbury Has 1 Units Available
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You bought a rental property years ago. The value went up. The mortgage balance went down. The rent is stable, but the property is old, management is annoying, insurance is rising, and the neighborhood no longer fits your strategy. You want to sell and buy something better. Then your CPA shows you the tax bill: capital gains tax, depreciation recapture, state tax, and possible net investment income tax. Suddenly, the profit you thought you had feels much smaller. That is why real estate investors love the 1031 exchange. Used correctly, it can let you sell one investment property, buy another investment property, and defer the tax hit instead of paying it immediately.
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