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Kiplinger
Kiplinger
Business
Daniel Goodwin

When Is a 1031 Exchange Not the Right Move? A Real Estate Investing Pro Offers a Reality Check for Your Next Exit

Close up of hands exchanging house shaped keychain in an office.

Marcus had done everything right.

He had bought a small strip mall in 2011, managed it through two recessions, survived a pandemic that emptied three of his five tenant bays and come out the other side with a property worth nearly four times what he paid for it. He was 61, his wife was ready to travel, and he was tired.

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