Sell To Us And Maximize Your Real Estate Investments with Expert Tax Strategies!
Save thousands on taxes with 1031 and 721 exchanges. Learn How to Save on Your Taxes - Schedule a Free Consultation Today!
"Selling a multi-family building is different than selling a single family building mainly because there are different types of buyers involved... Hence the need to work with a real estate agent who works with multi-family buildings"
Paul Sian
- Luxury Real Estate Specialist
Tax Advantages of a 1031 Exchange
for Multifamily Property Sellers
A 1031 exchange, named after Section 1031 of the Internal Revenue Code, offers significant tax benefits for sellers of multifamily properties. By reinvesting the proceeds from the sale into a similar type of property, sellers can defer capital gains taxes. This means you can leverage the full value of your investment for future growth, rather than paying a substantial portion in taxes.
Tax Deferral
Defer capital gains taxes on the sale of your multifamily property, allowing you to reinvest more capital into your next investment!
Increased Buying Power
Use the deferred tax dollars to purchase a larger or more profitable property, enhancing your investment portfolio!
Wealth Accumulation
Continuously defer taxes by executing multiple 1031 exchanges over time, allowing for compounded growth of your real estate investments!
Diversification
Exchange your property for one or more properties in different locations or sectors, reducing risk and potentially increasing returns!
Estate Planning Benefits
Heirs can inherit the property at a stepped-up basis, potentially reducing their tax burden when the property is eventually sold!
Engaging in a 1031 exchange can be a strategic move to maximize the value of your multifamily property investments while deferring significant tax liabilities!
Don't Overpay on Taxes! - Learn How 1031 Exchanges Can Save You Thousands!
Tax Advantages of a 721 Exchange
for Multifamily Property Sellers
A 721 exchange, also known as an UPREIT(Umbrella Partnership Real Estate Investment Trust) transaction, offers unique tax benefits for sellers of multifamily properties. By contributing your property to a Real Estate Investment Trust(REIT) in exchange for operating partnership units(OP units), you can defer capital gains taxes and enjoy several other financial advantages.
Tax Deferral
Defer capital gains taxes on the sale of your multifamily property, allowing you to reinvest the full value of your asset without immediate tax liability!
Passive Income
Enjoy regular distributions from the REIT, which can provide a steady stream of passive income!
Liquidity
OP units can potentially be converted into REIT shares, providing you with increased liquidity compared to holding a single property!
Diversification
Gain exposure to a diversified portfolio of properties held by the REIT, reducing your investment risk!
Estate Planning Benefits
Heirs can inherit the OP units with a stepped-up basis, potentially minimizing their tax burden upon sale!
Professional Management
Benefit from the expertise of the REIT's management team, which handles property operations, maintenance, and tenant relations!
Engaging in a 721 exchange can be a strategic move to defer taxes, diversify your portfolio, and enhance your financial flexibility, all while maintaining an interest in high-quality real estate assets!
Time to Keep More of Your Profits! - Take Advantage of 721 Exchanges Now!