1031 Dairy Farm Exchange

Sue owned a dairy farm and the land in Ontario, CA but was offered a very high price for the land by a home developer. The goal was to profitably sell the land via 1031 exchange and move the dairy operations to leased land elsewhere in Ontario.

Corcapa 1031 Solution:

The clients determined they wanted to do a portion of their exchange into traditional properties and reinvest the remaining proceeds into DSTs and TICs. They purchased grocery-anchored retail facilities in Illinois as well as apartments in Louisiana. One of the offerings provided a financing cash-out so as to bring additional liquidity for running the dairy business. The clients now have a highly-diversified income stream and real estate portfolio where some is passively managed and others they control on their own.