Happy Saturday, Housing Heroes!

If you’re thinking about selling a rental, you’ve probably heard someone say:

But once you factor in federal capital gains, California state tax, and depreciation recapture, most owners are shocked to learn their real tax bill can climb past 30%.

That’s money you could be reinvesting into a stronger, more profitable asset.

So we created two resources to help you understand your options and keep more of your hard earned equity.

New Webinar Replay: 1031 Exchanges (Hosted by Ryan Prazen)

Good Life’s own Ryan Prazen, Director of Real Estate Sales, hosted a can’t-miss conversation with Jake Schiro, CEO of APX1031 (recently voted Best 1031 Exchange Service of 2025).

Together, they break down everything owners need to know about 1031 exchanges without the jargon or intimidation.

In just 30 minutes, you’ll learn:

• How a 1031 helps you roll your gains into your next property instead of paying a huge tax bill
• The critical 45-day and 180-day deadlines every owner must hit
• What truly counts as “like-kind” (it’s more flexible than most people think)
• How investors use 1031s to scale up, simplify, or go hands-off with DST options
• When to involve a qualified intermediary and how late is too late

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Try Our New 1031 Exchange Calculator

We also built a simple tool to help you estimate your potential tax savings—and understand the real difference a 1031 can make.

Just enter a few basics about your property and you’ll instantly see:

• Your estimated tax liabilities if you sell and cash out
• How much of that you can defer by using a 1031
• Your potential increased buying power for your replacement property

You don’t need spreadsheets or a tax background.
Just answers.

If you’d like help reviewing your options or want to discuss whether a 1031 makes sense for your situation just reply to this email.

Have questions about managing your property? ​ Our team proudly serves San Diego, Orange, and Riverside Counties. Schedule a call with us today, and let’s chat about how we can guide you through every step of your property management journey. ​ Schedule a call

Steve Welty CEO @ Good Life Property Management DRE #01744610 ​​​​

5252 Balboa Ave #704, San Diego, California 92117
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