Ned and Mary, owned a small apartment building in San Jose for 33 years. They bought it to provide them with retirement income, but recently, they have realized that the property is taking a toll on them. They get frequent late-night calls from tenants about plumbing or electrical problems, and they recently had to dig into their savings to replace the boiler, the roof, and put in a new fuse box. The property has appreciated incredibly over the last 30+ years. They bought it in 1998 for $450,000. It’s now worth over $1,625,000. They net approximately $34,000/year from the rent they collect, but given the stress the property is causing, they’d rather sell the property and get their money out. They’ve heard that the money they would get from the sale would be heavily taxed unless they immediately invested it in another rental property. Given that they are fed up with being landlords, this hardly seems like a solution. Ned and Mary attended Amit’s webinar about alternative 1031 Exchanges and replacement property strategies. Amit clearly outlined the process of selling Ned and Mary’s property and reinvesting the proceeds utilizing a 1031 Exchange into passive replacement property options. With a 1031 Exchange, Ned and Mary not only increased their income potential, but they were also thrilled to be free of the property management headaches that had plagued them. Amit grew up in a family of real estate professionals, and early on, he saw how smart investing has helped people generate wealth and help them to live the way they dreamed. Now, as a real estate professional for over ten years, Amit works with local rental property owners and investors to help them maximize their return potential, guide them through regulations, and build a plan to help achieve their investment and lifestyle goals. Download a FREE 1031 Exchange Guidebook: https://hubs.li/Q01h1Q4l0 Specialties include: • 1031 Exchanges • Delaware Statutory Trusts • Triple-Net Leased Properties• Opportunity Zones • Tax Deferral Strategies • Real Estate Sales Amit has lived and worked in three countries and enjoys business, entrepreneurship, music, and strength training. Securities offered through Concorde Investment Services, LLC (CIS), member FINRA/SIPC. Fortitude Investment Group and CIS are unaffiliated with third-party sites, cannot verify the accuracy of, nor assume responsibility for any content of linked third-party sites. The information available on third-party sites is for informational purposes only