Not Every Sale Needs a 1031 Exchange 🔥 I see it all the time with my real estate clients. → They’ve built portfolios over the years → Rolled gains again and again through 1031s → Deferred taxes for decades But this year, one client came in with a question: “What if I don’t do a 1031 this time?” He’s selling a multifamily property under contract for $3 million. His adjusted cost basis after depreciation? About $1 million. That’s a $2 million gain. Now, instead of just saying “do a 1031” (like mo
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