Compass is the only real estate brokerage brand that speaks to the next generation of luxury buyer exquisitely. This ‘next generation’ (of all ages) work in industries that have advanced far
Time For A 1031 Exchange Bay Area Real Estate Investors
Dated: March 1 2014
Views: 2679
Values are up significantly in the Bay Area and this could represent a great opportunity for investors with rental properties to look to the favorable tax code provided by completing a 1031 exchange to defer taxes. 1031 exchanges allow owners of rental properties to sell a rental property and purchase a "like kind" investment of equal to or greater value of the sale and defer all taxes on that transaction. There are not too many investments you can do that with but the 1031 exchange provides owners this unique opportunity. The possibilities are very broad but it is very important to follow the 1031 exchange rules precisely. If you have any highly appreciated real estate assets and would like to discuss this, we would be happy to chat. We work with the top 1031 exchange companies in the nation to ensure your transaction is smooth and meets all state & federal tax guidelines. I have done several personally for my own investments and have assisted several clients with their 1031 exchange needs as well.
Please keep us in mind for any of your real estate needs as well. We also assist homeowners with move up strategies which is critical in this tight inventory market. Our team was just awarded Top Producers for 2013 for KW Realty with 96 closed transactions in 2013. We hope to put our track record and experience to work for you when the time is right. Lastly, if you are looking to refi we have a great lender who will run rates and scenarios for you at no charge and can go over your options anytime.
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