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Scott
Warner
Broker / Realtor®
530.836.1044 office
800.538.0843 toll-free
Email Scott |
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1031 Exchange TIC Program
What is a 1031 exchange?
Section 1031 of the Internal Revenue Code has provided that a real property owner who sells his property and then reinvests the proceeds in ownership of like-kind property is able to do so and defer any capital gains tax. To qualify as a like-kind exchange, property exchanges must be done in accordance with the rules set forth in the tax code and treasury regulations.
Generational benefits of a 1031 exchange.
While the biggest advantage to entering a 1031 exchange is to defer the tax burden, another advantage is multigenerational. Based on current tax laws, after a lifetime of tax deferral through exchanging, an investor may leave the investment property to his or her heirs, who will receive a stepped-up basis for the bequeathed property, and not be taxed if it is sold at the stepped-up basis.
Should you consider a 1031 exchange?
If you have real property, used for business or investment purposes, that will net you a gain upon sale, you should consider a 1031 exchange. You should consider selling an investment property if you have owned it for several years and need to increase your leverage and depreciation base.
Why use our 1031 Tenants-In-Common (TIC) replacement property partner?
Quite simply, we offer advantages others don't. Our program combines the monthly lease income advantage of NNN leased, single-tenant property with the appreciation (both in rental income and potential property value) advantages of multi-tenant property. Our replacement properties are well-suited for the 1031 exchange buyer seeking ownership in property with monthly lease payments that increase annually and appreciation potential limited only by market conditions.
Simplified 1031 real estate ownership.
With our program you get the advantages of a long-term, triple-net lease without the disadvantages. In short, we have simplified the process and made it more understandable.
- 20-Year NNN PLUSŪ lease provides annual increasing monthly lease payments.
- No non-cancelable, long-term, flat-rate leases. Any appreciation potential is yours.
- No closing costs.
- Low minimum purchase amounts.
Tenants-In-Common Benefits.
Our Tenants-in-Common (TIC) structure has various features that make it attractive to real estate buyers.
- Property management teams are already in place with TIC ownership.
- You can buy buildings with credit tenants who have long-term leases.
- Access to higher grade properties.
- Exact dollar matching of TIC interests equal to available cash equity.
- Low minimum ownership amounts.
- Non-recourse financing, generally in place.
- Quick, simplified closings with no closing costs.
- Diversification strategies.
- Deeded interest in real property.
- A lessee with experience in real estate ownership and management.
What is a NNN PLUSŪ lease?
The NNN PLUSŪ lease is a triple-net lease in which the lessee leases the entire
replacement property. In addition to rent, taxes, insurance, and maintenance,
the lessee also pays the debt carrying expenses. The NNN PLUSŪ lease provides
the following benefits for the TIC owner:
- Increasing annual lease payments.
- Property appreciation is limited only by market conditions.
- Control of your property without many of the day-to-day property management headaches.
Available Properties.
Properties available for TIC ownership change frequently. For all the latest
available properties, please contact Scott Warner. |
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