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Case Study #4

1131 144th Place SW, Lynnwood & 16430 1st Drive, Bothell

How to successfully 1031 exchange one property for two!

Our client owned a rental property in Central Seattle with significant deferred maintenance. The property had been fully paid for and no longer had a depreciation schedule.

We successfully 1031 exchanged that property for two income properties. The new properties have positive cash flow, are newer with less maintenance costs up front, improve his overall IRR (internal rate of return) and are in cities where strong appreciation is expected for several years.

Contact us for more information on 1031 Exchanges, and see what we can do for you!

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