Out-of-State investing gives investors the ability to own single family rental investment property or other types of property that is geographically removed from their own primary residence. Real Estate investors often feel most comfortable purchasing property that is “in their backyard,” so they can monitor their investment. This often results in the investor acting as a landlord and must keep up with the on going maintenance of the property.
Out-of-State investing can allows investor in high value states to take advantage of lower single family rental investment property or other types of property costs with higher relative rents that may not be available near their primary residence – better returns overall.
If after learning a bit more about Out of State Investing you are curious to see how your current Investment Portfolio would benefit from performing a 1031, then I recommend signing up to receive a FREE 1031 Sizing from Conatus.
This sizing gives you info about the value of replacement properties you need to purchase and the amount of related debt on this purchase to fully defer your capital gains associated tax liability.
As an added benefit you will receive a comparison of your current income vs potential replacement property income that includes an assessment of income tax benefit between the
The Conatus 1031 Sizing is your blueprint for how to maximize cash flow from trading your equity for a multiple on income.Get My 1031 Sizing