You've built up a lot of wealth through real estate investing, but now you're looking sell to relieve yourself of management headaches, avoid the real estate bubble and increase income. Recent 1031 laws have made some really interesting options available to you. Basically, you can sell your property and roll the capital gains (on a tax free) into a tenants in common fund that doesn't require any management. Also, if these tenants in common interests are part of your estate, you will pass on these interests estate and capital gains free.

Wow, that's a huge benefit! Good to know.
Posted by: Tim MMF | April 03, 2006 at 12:42 AM