Sperry Commercial Global Affiliates | Insignia CRE is a full-service commercial real estate brokerage firm specializing in commercial property sales, acquisitions, land assemblages, leasing, and 1031 exchange services.
If you are considering a sale of one or more of your properties, and would rather not pay the capital gains taxes right away, then perhaps a 1031 Exchange is right for you.
We have successfully handled dozens of exchanges on behalf of our clients over the years, and we are confident we can help you as well.
While the best time to start planning for a 1031 Exchange is before you put your property (the "Relinquished Property") on the market for sale, the fact is that we can still assist you even if you are already under contract to sell and/or in escrow, or if you have closed escrow and are now in your 45-day Identification Period. If you haven't yet settled on the property (or properties) you are going to buy (the "Replacement Property(ies)"), then we believe we can add tremendous value to the overall process.
Many of our clients have elected to change property types with their exchange (i.e., multifamily for STNL) so as to replace a more management-intensive property with one that is less management intensive, newer, fewer tenants, a different city or state, etc. Or perhaps they are simply looking for "mailbox money" that they don't need to work as hard for. Whatever your specific objectives might be, please click below to share more with us about your personal situation, and one of us will reach out to you immediately to see if we can assist you further.