Perks of owning a Student Housing Building
The advantage of tax deferment using a 1031 Exchange is what most investors seek. However, there is no doubt that 1031 Exchanges offer many other benefits such as diversification, steady flow of income, etc. Many of these benefits depend upon the type of replacement property an investor chooses. For example, a student housing property is an ideal choice for your 1031 Exchange replacement property if you’re eyeing equity appreciation over a period of time along with a regular of income.