doing 1031 exchange by 1031sponsors

1. More about doing 1031 exchange and how to 1031sponsors.com help to doing 1031 for real estate Investment 1031 Exchanges Allow Tax Deferment on exchanging Like-kind Properties While Section 1031 of IRC is incessantly benefitting real estate investors, the demand for experienced Qualified Intermediaries, which generally are real estate firms, has also seen a significant rise. As per the rules, in order to obtain the benefits of tax deferment through a 1031 exchange, an investor must involve a Qualified Intermediary. A Qualified Intermediary represents the parties involved in a 1031 exchange and is also responsible for carrying out the entire exchange. So, 1031 exchanges aren’t possible without the involvement of Qualified Intermediaries.  Real estate firms like Grubb and Ellis Realty Investors LLC and its contemporaries have helped a lot of investors over the years in successfully closing their tax-deferred exchanges. Headquartered in the Santa Ana city of the California state, Grubb and Ellis Realty Investors LLC deals in buying, selling, and managing multifamily properties, office spaces, and industrial properties. The company offers services related to almost all investment plans including property management, brokerage, and consultation. Founded in 1998, Grubb and Ellis Realty Investors LLC has successfully established a strong presence among its peers. As per the company’s policy makers, the firm is capable enough to pull off profit out of any investment.  While there are many things in 1031 exchanges that require an investor’s attention, the team of experienced financial advisors at Grubb and Ellis Realty Investors LLC believe that one requirement that needs extra attention is the time limitation. The reason is obvious. Upon successfully closing on the sale of the relinquished property, an investor gets a deadline of 45 days for identifying the potential replacement property. Also termed as ‘identification period’, these 45 days are extremely crucial as failing to identify the potential replacement property within this time frame will immediately cancel the exchange. Generally, investors get 180 days in total for every 1031 exchange they do. On account of missing any of the deadlines, investors shouldn’t expect any kind of extension from 1031 Corporations as there is no provision for extensions.

2. When it comes to the benefits that 1031 exchanges offer, it is evident that they aren’t limited to tax deferment only. 1031 exchanges also provide many other added benefits. For example, in a 1031 exchange, an investor can acquire a replacement property even if it is located in a different state. In other words, 1031 exchanges provide much-needed diversification to investors. Therefore, investors always have the opportunity to acquire properties that are built in more developed localities. This can also increase cash flow as properties situated in better locations will generate more revenue than the ones located in the outskirts. Grubb and Ellis Realty Investors LLC also has a solution for investors, who are looking to get rid of the burden of property management. The solution to this is ‘NNN leases’. A NNN lease requires the tenant to pay additional property expenses along with the base rent. Therefore, expenses like insurance, property taxes, and maintenance cost, which usually are the liabilities of a landlord, become the responsibility of the tenant under a NNN lease arrangement. Since the tenant of a property is required to pay for its maintenance, properties leased under NNN leases generally have low base rent as compared to ones that are leased under a gross lease. Connect with 1031 exchange intermediary for tax deferment 1031 exchange of real estate investment is continuously benefiting the investment section and helping the investors in deferring the capital gain. Under 1031 exchange of IRC, an investor is allowed to sell the relinquished property and use the proceeds to reinvest to buy replacement property. The property exchanged must be like-kind property. It is must to involve qualified intermediaries which generally are real estate firm. In the exchange process, the proceeds of relinquished property are kept in an escrow account that is managed by the qualified intermediary. An investor is not allowed to take the proceeds if he/she receives the proceeds then they are disqualified from doing the 1031 exchange. Therefore 1031 exchange is not possible without the involvement of a qualified intermediary. There are two experienced, qualified intermediaries real estate investment firm which can help you to do the 1031 exchange of your investment property. Real estate firms like Syndicated Equities and Somerset Partners LLC are private investment firms. With 30 years of experience in the real estate investment, Syndicated equities have provided with seductive returns to its client in evaluating, structuring and actively managing real estate investments. This firm deals in stabilized retail, office parking, hotel, and credit tenant net leased properties. Almost every type of investment plan services is offered by the company including property management, consultation, etc. Founded in 1986, Syndicated Equities has successfully maintained its place in the market. In the same way, Somerset partners are a private investment firm with commercial and multi-family property investments throughout the United States. Founded in 2000, with 13+ years of experience and excellent reputation are helping its client in proper and a managed way.

3. There are many different things in 1031 exchange for which the investor’s attention is required. The most important point for which the team of experts of Syndicated Equities and Somerset Partners LLC pays attention is the timeline. Therefore there is a timeline of 45 days for the identification and 180 days for buying the replacement property for the successful closing of the sale. If in any situation if an investor misses the deadline, then he/she shouldn’t expect any extension from the 1031 exchange as there is no provision for extensions. When we talk about the benefits of the 1031 exchange, then it is not just limited to only tax deferment of the relinquished property. 1031 exchange is also helpful if you sell the property and buy the property in some other state so, we can say that 1031 exchange provides diversification to investors. 1031 exchange also has the option if the investors want to get relief from the burden of maintenance of the property then they can opt for NNN- lease properties under which the tenant carries all the maintenance cost, insurance, and the property taxes along with the base rent. As the base rent under the NNN – lease properties is less than the gross lease of the property. Source https://bit.ly/2SdlWH1 About 1031sponsors.com 1031Sponsors.com provides you with access to all the top Sponsors / 1031 Exchange Experts nationally that we have been doing business throughout the industry. Contact us or continue reading to explore more about how we can help you in your 1031 Exchange. Email at info@1031sponsors.com Phone Number: 888 876-6005