Personal Assets Accruit, LLC 1514 Curtis St. Suite 300 Denver, CO 80202 o: 303-865-7305 f: 303-865-7399 www.Accruit.com jimb@accruit.com Case Study: 1031 Exchanges and Vintage Motorcars The Situation Since his retirement from professional racing, Joe Croydon and his wife Marilynn* have been avid collectors and restorers of vintage Grand Prix motorcars (including several classic models from Maserati, Lotus and Tyrrell). As they became more deeply involved in this hobby, the Croydons amassed a premier collection of superbly restored vintage Formula 1 and pre-F1 cars. In watching the auto collector’s market, they recognized some unique and attractive investment opportunities. As is common with vintage car collectors, they were also involved in a few per

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