A “drop and swap” strategy may offer flexibility when co-owners of investment property have different goals in a 1031 exchange. In this article, we discuss what California real estate investors should know about LLC ownership, tenant-in-common structures, IRS scrutiny, timing considerations, and common risks associated with drop and swap transactions.

Boundary line disputes and easement issues are some of the most common sources of conflict between California property owners. Often triggered by unclear surveys, long-standing assumptions, or shared access points, these disputes can escalate quickly if not addressed early. Understanding the difference between property boundaries and easement rights and knowing when mediation may be appropriate can help protect both property value and neighbor relationships.

Holding both a law license and a real estate broker license isn’t just impressive on paper. It gives my clients a strategic advantage—because I can anticipate the legal risks behind every transaction, and make sure their deals are both smart and secure.