Put more money to work for you by deferring capital gains tax on your investment property. Turn a non-cash flow generating property into one that is set up to pay a monthly income. Internal Revenue Code Section 1031 governs the sale and subsequent reinvestment of property and allows investors to defer the tax that would otherwise be owed on the sale of appreciated property. To enjoy this tax deferral, investors must invest in one or more like kind properties. Furthermore, a replacement property must be identified within 45 days after your original property is sold and must be closed within 180 days.
Investors looking to be relieved of the headache of managing investment real estate, can sell their existing appreciated investment property, perform a 1031 exchange, and invest the proceeds into a professionally managed real estate investment, while continuing to defer the potential capital gains tax and recapture tax that would be owed. Additionally, there are a wide variety of properties available. This variety allows investors to diversify geographically and by property type (i.e. office buildings, single & multi-family homes, raw land, retail buildings, student housing, or even mineral rights). Performing a 1031 exchange may also allow certain investors to turn a non-cash-flow-generating property into one that pays a monthly income.
The information herein has been prepared for educational purposes only and does not constitute an offer to purchase securitized real estate investments. Such offers are only made through the sponsor′s Private Offering Memorandum (PPM) which is solely available to accredited investors.