From: "Dan G" 
Newsgroups: alt.invest.real-estate alt.invest.real-estate.methods alt.real-estate alt.real-estate.rentals alt.real-estate.rentals.homex
Subject: Re: What to do with my Rental Property?
Date: Mon, 14 Feb 2005 21:43:35 -0700

Do the 1031, it'll bring you the best return by far.


"Bill Kilgore"  wrote in message
news:fwbQd.21239$DG5.12444@lakeread07...
> I need to get some of your opinions on how to handle this issue
>
> Here's the story:  I have owned a townhouse for around (18) years and paid
> 130k for it .  We moved out (5) years ago and rented it out.  Since that
> time real estate values have risen and it is worth around 350K.  We are
> thinking of selling it and needs some ideas on what to do with the capital
> gains.  Here's a couple of ideas we have had:
>
> Do a like-kind exchange for a beach house rental.
>
> Take the profit, pay the capital gains taxes, and used the rest to pay off
> our current house.
>
> Take the profit, pay the capital gains taxes, and invest the profit in the
> stock market.
>
> So, does any body have any other ideas or any problems I would have in
doing
> the above?
>
> Thanks
> Bill
>
>