Maddox owns a condo that has appreciated in value. Should he sell it? What are his options?
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Should You Sell an Appreciated Property?
In this situation, I think there’s a lot to consider. One option is to sell and buy rental properties. You could also consider utilizing a 1031 exchange (if this is an investment property). By selling this property, you could easily pick up multiple rental properties and build a healthy real estate portfolio.
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