Inevitably at some point, real estate investors reach a point where they’d like to ‘retire’ from managing real estate and receive consistent monthly income without the need to be a landlord or manage properties. Usually, they’ve used tax-deferred exchanges along the way and have deferred what is now typically a very sizable capital gains tax liabilty. With this significant incentive, property owners typically intend to “swap till they drop”. This allows them to continue to defer this tax until their death, because at that point their heirs inherit the real estate at a “stepped-up” cost basis – which essentially eliminates the tax liability altogether. Often at this point, property owners often know they’re looking for investments that provide secure monthly income without management responsibilities, but aren’t very familiar with their investment options. Where should they turn to explore options? Their financial advisor or real estate agent? Their CPA? 1031 exchange investments are quite niche, so very few advisors and agents are well-equipped to help exchangors find investment options for a 1031 exchange. The result is many turning to the internet to find solutions.