Gorgeous 4 bedroom, 2.5 bath home in the highly desirable Northpark area of Irvine. A very open floorplan that is both spacious and bright, one will find 2,500 sq ft. of elegant living space bursting with upgrades: from granite kitchen countertops and upgraded cabinetry, to ceramic tile floors, to a delightful breakfast nook that looks out to a perfectly manicured and spacious backyard with a trickling fountain and barbeque station. No one behind, so feels very private. Upstairs is a large master bedroom with a remodeled master bath including dual vanities, a separate shower, large walk-in closet, and a deep soaking tub. There is no one behind, so privacy is assured - and there is inside parking for 3 cars.

Northpark feels like a 5-star resort with multiple pools, Jacuzzis, basketball and tennis courts. The schools are highly-rated and are within walking distance. Come and enjoy the good life in this fantastic home.

Listed for sale by the Bruce Clark Team

The rules are complex and the time limitations are strict, but if you plan to sell investment property, you must consider a 1031 tax-deferred exchange.

Section 1031 of the Internal Revenue Code (IRC) offers real estate buyers a golden opportunity by means of significant tax advantage. Section 1031 of the IRC gives a chance to real estate buyers to defer the capital gain taxes that they incur by selling a property. It states, a real property owner can sell his property and then reinvest the proceeds to purchase of like-kind property and defer the capital gain taxes. However, to qualify for 1031 like kind property exchange aka, 1031 tax deferred exchange and gain tax benefits, the transaction has to be done in accordance to the 1031 exchange rules set forth in the tax code and the treasury regulations. Like-kind exchange is considered as one of the best-kept secrets of the Internal Revenue Code.