ARE YOU A TIRED LANDLORD?

What if you could move on from managing rental properties without simply walking away from years of built-up equity?

If you've owned rental properties for years, you know the story:

Tenant calls.
Maintenance issues.
Property management.
Rising expenses.
Leases and turnovers.
And the constant responsibility of being a landlord.

But there is another side of the equation: your rental properties may represent a tremendous amount of wealth and equity.

So what happens if you want out of the landlord business, but don't necessarily want to sell everything and potentially trigger a large tax liability?

That's exactly what I wanted to explore in my latest interview.

NEW VIDEO: Understanding the 721 Exchange with Flock Homes

I had the pleasure of sitting down with Bailey Schelter, Broker Relations at Flock Homes, and Kara Svendson, Exchange Director at Flock Homes, to discuss a strategy more real estate investors should understand: the 721 exchange.

We talked about:

• What exactly is a 721 exchange?


• How does a 721 exchange differ from a traditional sale?


• How is it different from a 1031 exchange?


• What is an UPREIT structure?


• Who is the ideal candidate?


• Can owners with only one or two rental properties benefit?


• How can estate planning factor into the decision?


• What happens to your properties after the exchange?


• What about liquidity?


• What fees and costs should investors understand?


• And perhaps most importantly, what does life look like after you stop being a landlord?

If you've ever said:

"I love the equity I've built, but I don't want to be a landlord anymore."

This conversation is for you.

Watch the full interview on YouTube:

https://youtu.be/JHDtrfP0ITg

And if you own rental property in the Atlanta Metro area or anywhere in Georgia and you're thinking about your long-term options, I'd be happy to have a conversation with you.

As always, strategies involving taxes, securities, estate planning, or investments should be evaluated with your appropriate legal, tax, and financial professionals.

Your real estate may be more than a property. It may be your wealth, your retirement strategy, and part of your legacy. Let's talk about the possibilities.

Julia De Sosa-Rocha
Associate Broker | eXp Realty
22+ Years Serving Atlanta Metro Real Estate