Investors buy real estate to earn
a profit. Decisions are carefully made to determine the effects
of location, potential rents and expenses, financing and a
multitude of other important factors in an attempt to realize
much of a profit as possible. Once the profit is made, the
typical investor sells his property, pays his taxes and reinvests
in other real estate. The vast majority of real estate investors
seldom make use of one of the most valuable techniques for
increasing and preserving profit we have available: The tax
deferred exchange