BANKS AND CITIES

MOVE OUT! Get aggressive with any expendable money. Buy real property.

2011 should bring even more bank failures than 2010.
Cities (maybe as many as ten) will default on their bonds.
Federal government will go another two trillion dollars in debt.
Inflation is inevitable.

There's only one purchase that makes any sense. Gold isn't it.....it's not useable or spendable. The only place for extra money is in real estate, because one can use it and sustain life on it . It's the one "safe haven" for cash.

Email me from my web site: www.johncmartin.com. Do it now.

1031 EXCHANGES

It's an option to be taken into account during tough times, especially when a desperate government wants to take more of your money.

1031 exchanges allow you to defer gains on personal property that is used as an investment for profit. It can be a "tax-free" exchange (temporarily) if the values of the exchange are the same.

Different kinds of business property can be exchanged, which makes the program interesting. Even a yacht that has been used for business purposes can be exchanged for real estate. But it's usually accomplished with various kinds of real estate. For example, an apartment complex can be exchanged for an office building. Or a group of duplexes might be exchanged for a warehouse complex.

Email john@johncmartin.com for more information......especially should you wish to exchange a working ranch for one here in East Texas.