s greener’ temptation is when you start thinking one property will produce more cash than another. It’s true that some will, but ask yourself why you’re having problems now. Is it the property or theThe grass is always greener, isn’t it? Maybe you see something better on the other side, or maybe you have problems with one of your current properties. But before diving into a 1031 exchange, consider why you want to exchange, and whether or not it will solve your problems.

• Property Management Problems - If you’ve lost the taste for property management, would another location really change anything? Try hiring a manager. After all, tenant / landlord problems exist everywhere…even with higher priced properties.

• Tax Solutions - It’s true that you can defer your payment of Capital Gain Taxes when you exchange some properties. But if the new property costs as much as the one you sold, then you’ll probably see a property tax hike.

• Income Solutions - A powerful ‘grass is greener’ temptation is when you start thinking one property will produce more cash than another. It’s true that some will, but ask yourself why you’re having problems now. Is it the property or the

er why you want to exchange, and whether or not it will solve your problems.

• Property Management Problems - If you’ve lost the taste for property management, would another location really change anything? Try hiring a manager. After all, tenant / landlord problems exist everywhere…even with higher priced properties.

• Tax Solutions - It’s true that you can defer your payment of Capital Gain Taxes when you exchange some properties. But if the new property costs as much as the one you sold, then you’ll probably see a property tax hike.

• Income Solutions - A powerful ‘grass is greener’ temptation is when you start thinking one property will produce more cash than another. It’s true that some will, but ask yourself why you’re having problems now. Is it the property or the

e anything? Try hiring a manager. After all, tenant / landlord problems exist everywhere…even with higher priced properties.

• Tax Solutions - It’s true that you can defer your payment of Capital Gain Taxes when you exchange some properties. But if the new property costs as much as the one you sold, then you’ll probably see a property tax hike.

• Income Solutions - A powerful ‘grass is greener’ temptation is when you start thinking one property will produce more cash than another. It’s true that some will, but ask yourself why you’re having problems now. Is it the property or the

al Gain Taxes when you exchange some properties. But if the new property costs as much as the one you sold, then you’ll probably see a property tax hike.

• Income Solutions - A powerful ‘grass is greener’ temptation is when you start thinking one property will produce more cash than another. It’s true that some will, but ask yourself why you’re having problems now. Is it the property or the

s greener’ temptation is when you start thinking one property will produce more cash than another. It’s true that some will, but ask yourself why you’re having problems now. Is it the property or the management? Lower tax rates and lower maintenance costs, are sometimes good reasons for a 1031 exchange. But if maintenance costs are high because of negligence, you’ll find yourself with the same problem (lacking a paddle) in a new creek.

• Low Adjusted Basis - If you have a low adjusted basis, without a high debt, a 1031 exchange will just carry your benefits over to the new property. It might just be a waste of your time.

• Credit Problems - If the 1013 exchange involves a mortgage loan, bad credit can bring high interest rates or a set of less desireable terms. Not to mention two sets of closing fees. In the end, your cost goes up.

After all that, remember the investment you make in any transaction. Your time. Are you wasting it and what is the risk? 1031 exchange