1031 Exchange – Decades Of Knowledge & Experience
The 1031 exchange is a unique solution that offers our clients many benefits. It is one example of the many types of opportunities that only come from dealing with the entirety of your financial picture, from accounting and tax issues, to financial planning and investments.
What is a 1031 Exchange?
A 1031 Exchange is named after a section of the IRS code that allows for an investor to sell a property that they own, and then invest those proceeds into another property while deferring the taxable gains that would normally be paid on the sale of the property.
What are the benefits to you?
Do you have an appreciated investment property that you want or need to sell, that could leave you with a large tax bill?
It is not uncommon for someone to have a property that has appreciated significantly in value but the monthly income is much lower than it could be. Selling that property under the 1031 exchange rules could potentially get you out of a dead asset and into a higher income producing one, while deferring the taxes due on the sale, and having more money to reinvest into the new property.
Are you managing an investment property yourself and find it to be a miserable process?
If you own property that you also manage, you may be familiar with some of the problems that arise. You may be tired of dealing with late paying tenants, getting phone calls for repairs at all hours of the day and night, dealing with the hassle of always keeping a property leased out, cleaning and repairs after someone vacates the property, and all of the legal and tax issues that can come with managing the property on your own. With a 1031 exchange, you could remove all of those hassles from your life, and still potentially increase your monthly income, with a more desirable property and a much higher quality tenant.
Is your real estate portfolio taking on too much risk by not being diversified?
If you have several properties that are in one geographical area, or are of a specific type, it can often leave you open to risks if problems arise. Processing a 1031 exchange could give you the ability to diversify your assets across many different geographical areas as well as various asset types, such as retail, industrial, multifamily, apartment complex and office buildings.
Why should you choose 1031 Exchange Solutions to help you with your 1031 exchange?
Decades of Knowledge & Experience
The rules of processing a 1031 exchange can get very complicated. Our affiliation with EagleStone Tax & Wealth Advisors aligns us with professionals who have decades of experience dealing with the accounting, tax, financial planning, and legal issues related to 1031 exchanges and are prepared to quarterback this process for you from start to finish. Not only do we have the knowledge and experience, our regulatory records speak for themselves. In all of our years in business, we have no employees with any disclosure events, which is something that we are very proud of.
High Quality, Fully Vetted Properties
Our 1031 inventory is made up of properties that are not available to the general public. They are not crowd funded. An extensive amount of due diligence has been done to make a determination as to whether the asset is something we are willing to hold out to our clients, by experts, on each and every one of our properties to make sure that everything is right. These properties are some of the most beautiful assets in the country and are of many different asset types such as retail, industrial, multifamily, apartment complex and office buildings. In addition, they often have long-term leases with high quality tenants which leads to the potential for long-term stable properties and stable income.
Designed to Seek a Competitive, Stable Income Stream
The 1031 exchanges that we provide to our clients are designed to seek offer a competitive yet stable annual distribution (payable monthly via direct deposit).