Exchange Benefits
• Exchange from a property that cannot be refinanced. For example, moving from vacant land to improved property, which can support a new refinance loan that will give the client the ability to obtain cash after the acquisition of the replacement property.
• Exchange to fit the lifestyle of a client. For example, a retiree may exchange for a property requiring reduced management responsibility so they can do more traveling.
• Exchange from a fully depreciated property to a higher value property that can be depreciated.
• Exchange from several smaller properties to one larger property to consolidate the benefits of ownership and reduce management responsibilities.
1031 Exchange Services, LLC
• Exchange from a property with maximized or minimal cash flow (an apartment building) to a high cash flow property (a retail shopping center) to generate a larger cash flow.
Generally, investors complete tax-deferred exchanges to defer the capital gains tax on the disposition of their investment properties. However, there are many additional underlying reasons why an investor might want to exchange one property for another. The motives often fall along standard risk reward or cash flow appreciation scales. These are some of the typical non-tax motives to exchange:
• Exchange from a stagnant or slowly appreciating property to a property in an area with faster appreciation. Exchange for a property or properties that may be easier to sell in the coming years.
• Exchange to meet the client's location requirements. For example, the client moves to another state and wants to have their investment property nearby for management purposes.
Phone Number: 1-888-552-1031
Fax Number: 1-828-251-5914
E-mail Address:
info@1031exchangeservices.net
Mailing Address:
1031 Exchange Services, LLC
56 Central Avenue, Suite 201
Asheville, NC 28801
We have a team that is ready to help you with whatever 1031 situation you are in.
To speak with our staff, please contact us in one of the ways below:
Home Office:
Satellite Office:
Phone Number: 1-888-552-1031
Fax Number: 1-828-251-5914
E-mail Address:
info@1031exs.net
Street Address:
1031 Exchange Services, LLC
101 N. Pine Street, Suite 400
Spartanburg, SC 29302