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Kiplinger
Kiplinger
Business
Daniel Goodwin

I'm a Real Estate Investing Pro: This Is How to Use 1031 Exchanges to Scale Up Your Real Estate Empire

(Image credit: Getty Images)

Meet Sarah McDonald, a software engineer from Austin who bought her first rental property in 2018 — a modest three-bedroom house for $280,000.

Fast-forward to today, Sarah now owns a 24-unit apartment complex worth $3.2 million. The secret to her transformation from small-time landlord to commercial real estate investor? She discovered the power of using 1031 exchanges to systematically scale up her real estate empire.

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