by Patrick Buckhoff | Oct 10, 2023 | 1031 Exchanges
Regarding commercial real estate, investors employ various strategies to maximize their returns. One such approach is the 1031 exchange. However, only some are eligible to use it. Let’s break down who can use a 1031 exchange and what benefits it brings to Commercial...
by Patrick Buckhoff | Oct 10, 2023 | 1031 Exchanges
Using the 1031 exchange is a great way to diversify your investment portfolio and generate passive income. However, it comes with its own terminology. So, if you’re considering this type of investment, it’s essential to understand each aspect of the...
by Patrick Buckhoff | Jul 13, 2023 | 1031 Exchanges
Completing a 1031 exchange correctly can be a bit overwhelming, considering all the procedures and rules involved. One of the most critical elements of this process is understanding the time frames involved. The Internal Revenue Service (IRS) has set strict timelines...
by Patrick Buckhoff | Jun 14, 2023 | 1031 Exchanges
As a commercial property owner, saving taxes and maximizing profits should be your top priority. One of the smartest ways to achieve this goal is by exploring the 1031 exchange option. Also known as a like-kind exchange, a 1031 exchange allows you to defer taxes on...
by Patrick Buckhoff | May 23, 2023 | 1031 Exchanges
As a commercial property owner, you’re likely aware of the many benefits associated with 1031 Exchanges. From avoiding capital gains tax to deferring payments on the entirety of your properties’ value, these Exchanges offer powerful financial advantages...
by Patrick Buckhoff | Apr 20, 2023 | 1031 Exchanges
For commercial property owners, a 1031 Exchange offers an excellent opportunity to defer taxes on the sale of a property. This tax-deferred exchange offers a smart way to reinvest profits from selling one property by leveraging it to purchase a similar property with...
