Do you own investment property and are wondering if it is generating enough profit to make it worth keeping? Maybe you are just ready to change your type of investment. Instead of the 4 bedroom single family home you have rented out in the San Diego area for 10 years you may be thinking of buying a condominium in Pacific Beach with much less upkeep and maintenance costs. We need to talk!

You may want to consider using a simple IRS Code 1031 Exchange. With the sale of an investment asset, you can purchase any other kind of investment property within 180 days and DEFER the Capital Gains tax until the sale of the newly purchased investment property is sold. I know it´s hard to wrap your head around the idea that the IRS would do something that would really benefit us, but ITS TRUE! The only real requirement is that the new investment be "Like Kind" meaning, the value must be about the same amount or more then the property your selling. AND it doesn´t just pertain to real estate. You can actually sell your 4 bedroom rental that has been dragging you down for years, and purchase a Bi-Plane or a Wine Shop in Del Mar, California.

Selling your 4 bedroom rental using the 1031 exchange, gives you the ability to keep your profits from the sale immediately and use the cash to invest in a more lucrative business, property rental, or a radio station, etc. Obviously the list is long for defining investment assets and types of property, but you understand my meaning. Some of the amazing values of using a 1031 exchange are as follows;

• You may purchase almost any kind of real estate or business property.
  
• You have 45 days to show a record of the properties you are interested in.
  
• The title of your new property will be exactly the same as your old property and the total cash profits from your old property will go into the new property that is of equal or higher value then the old property.
  
• You will need to use what they call a qualified intermediary*.
  
• You will have a lengthy 180 days to close the sale of the new investment property.

Interested in what a 1031 Exchange can do for you? We will send you a FREE DVD with the details. Tell Us!