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www.TReXGlobal.com has the Best Property Management Software, and it is FREE to use! This rental property management software is easier to use than spreadsheets and financial software and you can save money using this property management software.

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A 1031 exchange is a real estate transaction that allows taxpayers to defer taxes that would normally be due on the sale of an asset if there is a profit. You can defer taxes on the profit by reinvesting the proceeds into a new "like-kind" property.

People depreciate using straight-line depreciation. Rentals have short-life assets that can be depreciated over 5 or 15 years instead of 27.5 years using the Real Estate Depreciation Maximizer from Property Management Software Maker TReXGlobal.com.