‘Like Monopoly, but with real money’
A sluggish real estate market is bringing new life to an old transaction: the swap.
Paul Forsberg worried about selling his Punta Gorda waterfront investment house for what he thinks it is worth. He also was keenly interested in postponing a hefty capital gains tax he’d owe on the sale.
Sounds complicated but it is not — it operates on the same basic principal as trading baseball cards with your friends.