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The smart investor's guide to real estate

big profits from small investments

Still another angle to equity pyramiding involves fixing up run-down property,
thereby increasing its market value by more than the cost of the improvements,
and then trading up to a larger "fix up" property. This is the principle that
Nickerson and Lowry advocate in their formula of fortune building.
REQUIREMENTS FOR TAX-DEFERRED EXCHANGES To comply with the
simple requirements of Internal Revenue Code Section 1031 is quite easy. In the
last few years these rules have ...