What are some of the common reasons investors do not complete a 1031 Exchange?
The desire of property owners to manage property tends to decrease over time. Even with good prior investment results, investors tend to tire of dealing with tenants and maintaining buildings. What they really want is the income and gain real estate can provide. Instead of managing their real estate, many investors choose to pay the tax so that they may travel, spend time in recreation or be with their families. Unfortunately, some investors’ health considerations preclude their ongoing efforts to select, finance, and manage a replacement property.
