Benefits of a 1031 Exchange

Lower home prices have buyers looking for a great deal.  If you are a real estate investor looking for additional ways to save, now might be the time to investigate using a 1031 Exchange. 
 
You may want to consider doing a 1031 Exchange for numerous reasons but some of the most prevalent ones are:
 
Preservation of Equity
Investors can use an Exchange to defer 100% of both Federal and State capital gain taxes.  
 
Diversification
Exchangers have a number of opportunities for diversification through Exchanges.  One option is to diversify into another geographical region.   Another diversification alternative is acquiring a different property type; for example, an investor may choose to Exchange several residential units for a small retail strip center. 
 
Maintenance and Management
Some investors accumulate several single family rentals over the years.  The on-going maintenance and management of what can be a far-reaching group of properties can be lessened by Exchanging these properties for one better suited to on-site maintenance and management.  Exchanging into a single apartment complex with a resident manager is a good example of this.
 
Estate Planning
Sometimes a number of family members inherit one large property and disagree about what they want to do with it.  Some want to continue holding the investment and some desire to sell it immediately for cash.  By Exchanging from one large property into several smaller properties, an investor can designate that, after their death, each heir will receive a different property which they can either hold or sell.
 
An important element to a successful Exchange is closing within the allotted time.   If you're pursuing  an Exchange and need a dependable lender, you can place your trust in me.