Our team at SterlingCRE Advisors has extensive experience facilitating 1031 Exchanges, helping you navigate the process smoothly and maximize your reinvestment potential.
With expert guidance and a tailored approach, we help you meet IRS requirements and achieve the best possible outcomes for your investment portfolio.
A 1031 exchange (1031x) of like kind property (real estate for real estate) permits deferral of capital gains and recapture tax. One of the more attractive features of a 1031x is that such gains can be deferred indefinitely if desired by the investor.
However, there are strict requirements on how the disposition proceeds are used, how they are tracked, and when they are reinvested. It also provides some challenges for members of a partnership who do not necessarily want to stick together on an exchange.
Some investors ask if there are off-market deals available. The short answer is, yes, however, these deals can be hard to find without tapping into the right network.
Often, sellers delay taking their property to market to perform property improvements or await maximally favorable market conditions to list their asset. But, some sellers are prepared to entertain off-market offers in the interim. SterlingCRE Advisors maintains a robust seller database and list of off-market properties that may be eligible for 1031 exchanges.
