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1031 EXCHANGE

Postpone the capital gains from your current sale by investing in one of our exclusive properties. Tax-deferred exchanges require specific terms for completion, but they don’t have to be complicated. Whether this is your first time doing an exchange or you’ve done multiple, our team has the experience and resources to assist you through the entire process.

Let’s look at a few examples:

  • Different asset class – Commercial property can be exchanged for residential property and residential property exchanged for commercial. Additionally, any asset class is like-kind to any other asset class so a retail center can be exchanged for industrial, multi-family, hospitality, or one or more single family homes.

  • Triple net (NNN) leased property – Investors looking for commercial property with less management responsibility can trade into a property with a triple net lease. A triple net leased building has an investment grade tenant who is obligated to pay all expenses related to the property including real estate taxes, insurance, and maintenance.

  • Delaware Statutory Trust (DST) - A DST investment is typically a real estate investment that is held in a special entity called a Delaware statutory trust.

  • Vacant lot versus income producing - Unimproved property is like-kind to improved property, so vacant land can be exchanged for income producing residential or commercial rental property.

  • Long term Leasehold – A lease with at least 30 years remaining (including extensions) is like kind to a fee interest.

All information provided herein has been obtained from sources believed reliable, but may be subject to errors, omissions, change of price, prior sale, or withdrawal without notice. Lafayette Realty Group LLC and its affiliates make no representation, warranty or guaranty as to accuracy of any information contained herein. You should consult your advisors for an independent verification of any properties.
 

Copyright © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of My Florida Regional MLS DBA Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Lafayette Realty Group LLC participates in the My Florida Regional MLS DBA Stellar MLS Internet Data Exchange (IDX) program, allowing display of other My Florida Regional MLS DBA Stellar MLS broker's listings on this site. However may not include all listings currently available. Information is deemed reliable but not guaranteed.

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