CWS' blog shares insights and informative articles regarding real estate investing.

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There are many steps to becoming a real estate developer. The tremendous number of tasks involved, especially for a developer investing in a multifamily real estate project, make the work difficult, stressful, and financially risky. But the financial rewards can be high.
The 1033 exchange is used when a property is converted into cash or a different property compulsorily, such as after a destructive event. Usually, this event is a catastrophe for the property owner, as in the case of a natural disaster. As a result of this conversion, the property owner may experience capital gains from an insurance payment or condemnation proceeding.