What is the best way to avoid capital gains taxes with real estate investments?
A-The best way is the buy and hold approach. That way you are able to buy the property and hold on to it for a long term wealth building strategy. However, you can also get involved in a 1031 Exchange. That allows you to trade your investment gain for a like property, for example you bought a condo. You fixed it up and sold it. You can now trade your gain for a single family home purchase. There is a lot more to it than that, so you should contact a real estate professional or someone who specializes in this area to fully understand the options that are available to you.