Allows investors to defer capital gains taxes on any exchange of like-kind properties for business or investment purposes. Taxes on capital gains are not charged on the sale of a property if the money is being used to purchase another property - the payment of tax is deferred until property is sold with no re-investment.
1031 Exchange Requirements
The seller cannot receive or control the net sale proceeds – the proceeds must be deposited with a Qualified Intermediary. The cash invested in the replacement property must be equal to or greater than the cash received from the sale of the relinquished property.
DSTs at a Glance
In accordance with the Internal Revenue Service’s Revenue Ruling 2004-86, a beneficial interest in a Delaware statutory trust, or “DST,” that holds a replacement property may be considered “like-kind” replacement property in a Section 1031 exchange. A DST may own one or more properties.
Meet Our Talented Staff
We are more than a company, it is a solid & professional team
Chief Executive Officer
He has over 20 years of experience and holds a Life and Health Insurance License as well as Series 7, 6, 24 and 63 Licenses.
Senior Managing Partner
Jay Dobbs brings 21 years of financial experience, including 16 years raising capital for securitized real estate investments.
Director of Marketing
Laurie is responsible for planning, developing and implementing our business strategies as well as public relations activities.
Our client support does not end after the closing of the replacement property.
Presenting the 1031 process in an easy to understand format
Offering replacement property options and analyzing their differences, advantages, and disadvantages
Assisting the Exchanger, given the risky tolerance and financial requirements, in determining which properties are most appropriate
A referral network of experts for resolutions to complicated exchange challenges
Devising a successful identification strategy to ensure completion of the exchange