Security Deposit
A Security Deposit is a monetary deposit given to a landlord or representative to hold in security of the potential event of any damage caused by the Tenant of a single family rental investment property or other type of property. Security deposits can be either refundable or nonrefundable, depending on the terms of the agreement. As the name implies, the deposit is intended as a measure of security for the recipient.
If after learning a bit more about Security Deposit you are curious to see how your current Investment Portfolio would benefit from performing a 1031, then I recommend signing up to receive a FREE 1031 Sizing from Conatus.
This sizing gives you info about the value of replacement properties you need to purchase and the amount of related debt on this purchase to fully defer your capital gains associated tax liability.
As an added benefit you will receive a comparison of your current income vs potential replacement property income that includes an assessment of income tax benefit between the
two.
The Conatus 1031 Sizing is your blueprint for how to maximize cash flow from trading your equity for a multiple on income.
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