OUT OF STATE APARTMENTS
Using a 1031 Exchange to defer the capital gains tax during a real estate transaction is becoming an increasingly popular solution for apartment investors wanting to capitalize on their appreciated assets.
The seller exchanged out of state while staying in the apartment business. They increased their cash flow while tripling their unit count and getting into less regulated apartment buildings.
5843 Gregory Avenue, Los Angeles, CA
1010 South Smith Road, Tempe, AZ
The investor increased their cash flow by 39% while diversifying their portfolio in growth markets outside of Los Angeles.