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1031 Exchange Replacement Properties
I focus working with 1031 Exchange Buyers acquiring Single Tenant Net Leased NNN deals on a national basis. Examples of property types include Retail-Walgreens, CVS, Advance Auto, Fast Food, Casual Dining etc.
Regards,
Mike
Regards,
Mike
Member # 10
Have a commercial property in fast growing Aubrey TX for about 8 years. My new broker suggested a 1031 rather than selling it. I don't like the idea of carrying over the debt. I have a 50% equity build up and never borrowed against it.
Thanks
Thanks
1031 Question
I'm a partner of a state recognized partnership. We own a piece of property that looks like it could be worth a fair amount of money. Since it is not generating any income, I'm suggesting that we sell it and pick 2 or more rental properties that can generate a monthly income. Am I correct in assuming that we could run this as a 1031 since all would be considered investment properties?
what is a 1031 exchange?
I'm creating this board to help any member answer their questions regarding the IRS code 1031 for exchanging investment real estate.
