1031 Exchanges: What is “Boot” and How to Avoid the Tax Hit?

1031 Exchanges: What is “Boot” and How to Avoid the Tax Hit?

Ever felt like you just won the lottery after selling an investment property, only to realize the IRS is standing right behind you with their hand out? 💸 It’s a classic real estate heartbreak. You work hard, you flip, you rent, you manage, and then, BAM, capital gains...