Notes from Leonard, Your 1031 Guy
May 8, 2012
Rising rents mean more attractive returns which is leading more investors to the real estate market. In Southern CA, absentee buyers, investors and second home purchasers accounted for 28% of all home purchases last month. The historical avearage is 19.2%.
If you are a new real estate investor or a seasoned veteran, one thing for certain is that when it comes time to sell, you better have a firm understanding of how to protect your hard earned dollars from the tax man.
Call me anytime at 877-471-1031 and we can discuss how the 1031 Exchange can work for you.
Asset Exchange Company