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Rebrand valuation (1000 x 1000 px)
Complimentary Proposal Benefits (1000 x 1000 px)

 

 

Is a 1031 Exchange Right for You?

A 1031 exchange is a way to defer capital gains taxes by rolling the equity from the sale of one investment property into the purchase of another. Many clients seeking to increase their returns or reduce their management responsibilities opt for a 1031 exchange to achieve their investing goals. Instead of immediately paying capital gains on the sale of a property (the “down leg”), many investors prefer to defer that payment by purchasing a new property (the “up leg”) with the proceeds. This is commonly referred to as a 1031 exchange, in reference to the section of U.S. tax code that defines it. There are specific rules and timelines related to a 1031 exchange, and it is important to have an experienced and knowledgeable specialist handling the process.
 
1031 Exchange visual (1600 x 1000 px)
 

 

Dark Jack in the Box | 3704 W WT Harris Blvd | Charlotte NC_Marsha Anderson CRE


“Marsha has all the charm for her thorough, persistent handling of so many picky details:  Politely but firmly cajoling my prior tenant and staying on their tail; making dozens of persistent emails and calls to coordinate the various building trades people to get the entire premises, inside and out, into decent, workable and presentable shape;  all the advertising, the showings; smoothly and patiently handling me, a fussy seller for an extended time period so I didn’t have to worry.  Marsha never dropped the ball and she brought it to a successful outcome: securing an offer above initial asking price from a highly qualified buyer, in a market with high interest rates and dampening buyer demand.  That’s not easy.”  - Private CRE Investor (2023)