23 BENEFITS YOU CAN RECEIVE FROM AN EXCHANGE
Solve problems resulting from:
- Divorce
- Loan coming due
- Being foreclosed on
- Income tax (I.R.C. 1031 Tax Deferred-Exchange)
- Property having circumstances beyond owner’s ability to resolve
- Negative or little cash-flow (reduce expenses [holding/traveling] & increase rents), ETC.
- Receive property that better meets your needs and improves your situation for reasons not mentioned above.
Achieve objectives:
- Raise cash
- Reduce risk
- More leverage
- Simplify life for owner and heirs
- Reduce debt to free up credit line
- Diversify one to several properties
- New business/job/opportunity/action
- Occupy property (e.g. vacant land to office, home, etc.)
- Reduce or eliminate property management or HOA dues
- Consolidate several management-intensive properties to one
- Acquire a larger (smaller) home for a growing family (empty nester)
- Reduce inventory (owner’s business no longer requires the property)
- Change a problem co-ownership to a sole interest in separate property
- Acquire a larger (smaller) office or facility for an expanding (downsizing) business
- Convert less-than-ideal rental property (land, upscale home) to property better for renting
- Receive property closer to: Home, Work, Family and friends, where you wish to own income or other investment property or 2nd home, ETC
- Receive property that better meets your needs and improves your situation for reasons not mentioned above.
An exchange can be a GREAT SOLUTION for you.
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