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Buying investment property is a smart idea.\\xa0 Selling investment property\\u2026 maybe not so much UNLESS you do a 1031 tax deferred exchange.

On this episode of Open House with Team Reba, Reba and Eric are joined once again by Phil David of Benash Real Property Exchange to talk about 1031 Property Exchanges.\\xa0
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\\xa0You\\u2019ll learn:

\\xb7\\xa0 \\xa0 \\xa0 \\xa0How the process of a 1031 exchange works.

\\xb7\\xa0 \\xa0 \\xa0 \\xa0How to calculate your capital gains taxes.

\\xb7\\xa0 \\xa0 \\xa0 \\xa0How to calculate the massive savings a 1031 could provide you.

\\xb7\\xa0 \\xa0 \\xa0 \\xa0How long you\\u2019ll have to complete the exchange process.

\\xb7\\xa0 \\xa0 \\xa0 \\xa0How to get started. \\xa0

You\\u2019ll also get some idea about both the risks and benefits of the process (the IRS is not exactly known for leniency).

Plus, Reba and Eric give you a rundown of rates and housing inventory and dispel the myths of imploding markets threatened by prophets of doom.\\xa0 (Please stop watching those YouTube channels).

It\\u2019s a fun, informative, and potentially fortune-saving episode of Open House with Team Reba!