Advantages
Both the US government and the state of Oregon allows you to sell an investment property that you currently own, and buy another investment property that you would rather own….
If done properly, you could avoid the payment of both federal and state capital gains taxes until you later sell (rather than again exchange) the replacement property.
YOUR OPPORTUNITY:
* Sell the property you no longer wish to own
* Buy the property that you would now rather own
* By legally deferring the payment of any capital gains tax on the profit that you made during your term of ownership, you can use all of your equity to acquire the next property.
BENEFITS TO YOU:
* Pay no capital gains tax on the sale of your property
* Borrow less money to buy the next property
* Receive more cash flow from that next property
* Own your property free of debt much sooner
But…. know what you are doing.
If you violate the rules, then pay the gains tax in FULL!
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