Utilizing the 1031-Exchange to Gift Your Heirs More Property. A Common Strategy Utilized by Experienced Investors.

💡 Discover the Power of 1031 Exchanges! 🏢✨

One of IPX's clients in El Segundo was ready to sell his large office building, worried that his three sons might clash over the inheritance. Instead of cashing out, they suggested a smarter route: sell the building, do a 1031 exchange, and let each son pick their own property within a set budget.

🌟 The Result: Each son chose a property, reducing potential conflicts and setting them up for success. The properties were placed in trusts, making each son a beneficiary and trustee. This way, when the father passes, the sons inherit their chosen properties with a step-up in basis, eliminating taxes and family disputes.

📈 Why It Worked: Allowing each son to pick their own property ensured fairness and personal accountability. If one property outperforms another, it’s no one's fault but the son who chose it.

Link to the full video:    • 1031-Exchange: Insider Secrets & Avoi...  

Contact:
Greg Burns
Senior Vice President
Investment Property Exchange Services, Inc. (IPX1031)
(626) 233-2773
https://ipx1031.com/burns

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