1031
Exchange The 1031 Tax Deferred Exchange (1984 Tax Reform Act) is a technique that allows owners to sell their property, reinvest equity and profits into another like kind property and defer federal and state capital gains tax. |
|||||||||||||||||
Investors must identify up to 3 exchange property options within 45 days of sale of the relinquished (‘down leg’) property |
|||||||||||||||||
|
|||||||||||||||||
The ‘exchanger’ needs to close the purchase of one or more of the selected (‘up leg’) properties within 180 days | |||||||||||||||||
|
|||||||||||||||||
An equal or greater amount of debt on the replacement property(s) is required | |||||||||||||||||
Partial exchanges are allowed; sellers pay tax on any funds (‘boot’) not re-invested | |||||||||||||||||
Leveraged growth is realized by re-investing the greater amount of equity available due to tax deferral. | |||||||||||||||||
Investors
utilize CRC to help overcome the single biggest constraint to implementing
a successful exchange - finding a suitable replacement property within
the 45 day window. Replacement properties are often difficult to locate
because sellers must find a property that is the right price, the right
type and in the right market - all within a very short time frame. CRC helps investors compare and contrast the options of quality passive income offerings quickly and select matched assets that fit the investors preferences with confidence. |
|||||||||||||||||
Broad selection of the highest quality property choices; all 1031 exchange compliant | |||||||||||||||||
Management free properties that do require hands on day-to-day participation | |||||||||||||||||
Predicable cash-flow with steady increases in yield and equity growth | |||||||||||||||||
Simple transaction process that can be expedited quickly and easily | |||||||||||||||||
Please call us directly by phone at 323.822.7000 or by clicking here |
|||||||||||||||||