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Why you should turn your rental property into a corporate rental

from Renata Circeo-Loudon

There comes a time when you want to sell your investment property. I was interested in investing in the Destin, Florida, area and thought this was a good time to sell and do a 1031 Tax Exchange, which is a like property exchange in that you avoid paying capital gains taxes on the increased value of the property. After renting one of my single-family homes for 15 years, I tried to sell with no luck. I thought, "Why not turn it into a corporate rental?" more


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7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063