Keith J. Fessey
AREA Realty Exchange Network
NationWide AREA Real Estate 1031 Exchange Network
Keith J. Fessey

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The main benefit of the national investor database is that it allows the investor to diversify their portfolio geographically. Thus an investor in California, for example, may decrease their larger holdings of their home state by acquiring properties in neighboring or distant States. This investment strategy reduces the risks associated of holding properties in only one market area.

Note: California taxpayers should beware of California's special withholding requirements and should check with their financial and tax advisors before completing an exchange.




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