E11: What should I consider before selling my rental property? Are there ways to avoid the tax bill?

Selling a rental property can trigger a massive tax bill, including capital gains and the sneaky depreciation recapture tax. John from Bristol asks if he has any options other than buying another building and becoming a landlord again. Mark explains how a 1031 exchange can allow you to defer taxes for the rest of your life.

We introduce the Delaware Statutory Trust (DST), a tool that can allow you to trade your landlord headaches for a share in a professionally managed commercial property, like an Amazon distribution center. Laura also shares a critical warning: if you take possession of the cash before setting up an intermediary, the game is over for your tax deferral.