1031 Exchanges Group Messages

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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

posted by Capange

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?

posted by rfday

3 replies - last reply

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