Painless & Profitable
The rental property in Palo Alto which we purchased many years ago had grown tremendously in value, and we wanted to sell it, but we were paralyzed by the thought of paying a huge capital gains tax. Leslie Pappas came to our rescue with a plan for a 1031 investment. She made it seem easy, explained the process, introduced us to several investment opportunities and even brought me to inspect the properties in person.
After we sold the Palo Alto property we kept part of the profit from the sale for personal use, bought a rental duplex near our home, and invested the rest in a DST plan which gives us monthly income.
With Leslie’s help the exchange was painless and profitable. We recommend her highly for her professionalism, knowledge, and patience, and consider her a friend.
Testimonials appearing herein may not be representative of the experience of other clients and are no guarantee of any future performance or success. No client was paid for their testimonial. 1031 Exchange and DSTs can be complex, and there may be potentially significant risks involved that should be known to each investor. For a complete discussion of 1031 exchange and investment risk, please click here