Understanding a 1031 Exchange
Unlike a commercial real estate purchase and sale, a 1031 exchange is a method of trading one property for another. Since the two property owners involved in the transaction are simply exchanging one property for another property, no actual sale takes place.
The Benefits of a 1031 Exchange
Since an exchange of real estate is taking place rather than a purchase and sale, the participants in a 1031 exchange are not required to pay tax on the capital gains they otherwise would have made from the transaction. This tax benefit can potentially save investors as much as 20% on their transaction compared to an outright purchase and sale.
We’re the 1031 Exchange Experts
TripleNetInvesting.com is the ideal partner for you to take with you into your 1031 exchange. Not every commercial property is eligible for this type of transaction, and there are stringent guidelines that must be followed during the process in order to ensure the 1031 exchange goes right. Don’t risk something going awry with your 1031 exchange. The brokers at TipleNetInvesting.com have behind them decades of experience working with commercial real estate exchanges. Contact us today to start benefitting from our experience and expertise.