Maybe we should start a “Bad Trulia Voices Answer of the Day” …
An unsuspecting soul asked last night whether this is a good time to sell a four-plex in Tucson. Most of the answers were excellent. Then there was this beauty courtesy of an agent from San Francisco (where, naturally, she keeps her thumb on the pulse of the Tucson four-plex market.)
It’s a great time to buy! As an investor you can do a 1031 exchange and trade up and your gain can be deferred. If you are trading up this will be advantageous in a buyers market. Talk with you tax advisor to determine your specific situation. Also, 4 plexes are in demand at this time. Good luck.
It’s an answer that would make David Lereah proud … even if it had nothing whatsoever to do with the question of whether this is the right time to sell a four-plex in Tucson.[tags]Trulia Voices, real estate marketing[/tags]