I have a bridge I’d be willing to trade.

Sell land for cash.

Use cash to buy land/house.

Much better option.

What lake?

Not necessarily, that much cash flow could fling off a lot of tax burden along the way - trading property can help minimize that

[deleted]

Might be able to do a 1031 exchange.

It’s not as simple as that.

https://www.investopedia.com/articles/mortgages-real-estate/08/like-kind-property-exchange.asp

It doesn’t get rid of your tax liability. It only defers it. And you’ll need a lawyer.

Unless OP plans to do this to “fool the IRS” and not report it at all.

[deleted]

The lake.

Does it come with a beach?

Is the lake in the county?

Not when you have a surplus

😂

No 😂

And an accountant