Talk of The Villages Florida - View Single Post - Very Interesting article WSJ: In summary, "Hold the Stocks, borrow instead",
Thread: Very Interesting article WSJ: In summary, "Hold the Stocks, borrow instead",
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Old 07-12-2021, 03:20 PM
manaboutown manaboutown is offline
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Another helpful technique in achieving wealth is the famous "Swap 'til you drop!" using section 1031 exchanges. Although I have not directly benefitted from it by using it to trade up, I have sold properties to those who have. In one case in a very hot apartment market in I believe 1976 I was receiving half a dozen fourplexes which were presold to separate buyers in trade toward my 36 unit apartment building. One of the fourplex sales crashed and I ended up getting another $5K for it which bought a lot of beer back then. lol.
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