Maybe you have heard the term "1031 Exchange"? What is it and how does it work you ask...
Well in the simplistic it means you can sell that apartment building or condo you still own somewhere not on Kauai, and use the equity, "tax deferred", through an exchange to purchase a vacation rental in paradise. That's correct. You can defer capital gains and acquire a GoTo Home in the islands.
There are strict rules to the IRC 1031 and we are here to help you make your Kauai property ownership dreams reality. Call Kelly today to find out how to get started. Life is just more fun in the islands!
-Kelly Joudon, RS, GRI, SRS, SRES
808.639.7600