re: To sell or not to sell commercial property?

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Again, money in hand is worth something but you will owe A LOT in taxes. You could 1031 it but that’s not easy and often pushes people to make bad quick decisions just to kick taxes down the road.

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10,000% right here. Can’t tell you the number of times someone brings me an offering memo for something they want financed. I ask them why in the hell are you buying this dog and their answer is because my 1031 window is about to close.

Have to do it smart if you do it. Again, get with a good broker and a good 1031 specialize attorney to handle the transaction.