There is also the exchange of the two million dollar cat for two million dollar dogs. Upon occasion a seller simply will not be realistic about the value of his property. Buyers who desire the seller's property may find that acquiring it requires them to trade equities rather than cash. Trading equity is a more illusive concept than trading cash.

The § 1031 exchange is a very useful, commonly used financial tool. Like any tool it is best used by skilled practitioners.

While you can dispose of your investment property without exchanging it, a tax deferred exchange often is the preferred method ...

mainly because it is possible to defer taxable gains, or should a death occur, completely avoid them. -

MIKE HESSE, CCIM, CPM
Real Estate & Investment Specialist
DIRECT - 720.581.2222
online at www.MikeHesse.com
email Mike@MikeHesse.com