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Old 08-19-2025, 06:50 AM
Andyb Andyb is offline
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Default Selling Courtyard
Quote:
Originally Posted by mvbird View Post
Suppose you are 75 yrs +, kids grown, have owned a patio villa, tenant moved out, and you're thinking of selling it. But what next ? and where ? Put proceeds in the bank ? Look in North Carolina ? Roll it over.. 1031 ...into another rental home? A different 55+ community like Margaritaville or James Plantation? Donation to MSPCA? Simplify life and put it in an S&P index fund ? Always enjoy the intelligent comments of the forum.
Roll it over in a 1031 investment. Let them invest and have the headaches, you save big on taxes, but ties up your money for a little while.
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