CASE STUDY:
Moving Out of California with 1031 Exchange
The Asbury Team assisted in the sale of a home in Lake Forest, CA and the sellers bought a home in Spring Branch, TX in spring of 2020.
Instead of paying taxes on the capital gains realized from the sale of their California home, The Asbury Team advised the sellers to invest into another property using a 1031 exchange option. This saved them tens of thousands of dollars AND provides a superior property to live in.
