If you are a real estate investor, by now, you have heard about the benefits associated with 1031 real estate exchanges. Although these have increased in popularity, real estate exchanges can be challenging for investors due to the strict guidelines outlined by the IRS.
Using platforms like 1031 Property, investors can explore an online marketplace of fully-vetted, investment-grade real estate offerings. And be on their way to find real estate exchange opportunities that can be identified and closed on immediately by eliminating closing risk.
Or they may be someone who is not currently in a 1031 exchange but tired of managing real estate. They would like to enjoy the benefits of owning real estate without dealing with the day-to-day responsibilities of management.
Either option sounds pretty good, right?
How To Find Properties For Real Estate Exchange
Investors who have actively involved a Qualified Intermediary can use an online platform like 1031 Property to source more opportunities for their real estate exchange. 1031 Property allows investors to purchase a beneficial interest in a variety of properties across different asset classes.
Particularly unique about 1031 Property’s approach is that the site offers a marketplace of DSTs (Delaware Statutory Trusts) where you can own a share of real estate. DSTs are securities for accredited investors, and they qualify for 1031 exchanges.
1031 Property has a simple 3-step process:
1. Browse the marketplace for 1031 exchange properties.
Sign up now to view our state-of-the-art marketplace of eligible 1031 investment properties. Here you will be provided with all the details and documents needed to assist in your due attention.
2. Complete all paperwork online.
Our expert team will walk you through every step of the process to ensure your 1031 exchange is completed accurately and efficiently.
3. Close your exchange in just 3 days.
The properties we offer are already purchased, thus removing any closing risk. Most buyers are able to close their exchange in just 3 days. Investors can kick back and rest; the 1031 exchange is completed.
As you think about whether replacing your real estate property is right for you, consider working with a company like 1031 Property to alleviate the unknowns. Whether you are facing off against a crowded market, hurrying to meet the 45-day identification deadline, inquiring about the right real estate investment, or needing to diversify, 1031 Property offers solutions and 1031 exchange services. Read these tips for a 10 step process for a hassle-free 1031 exchange to get started.
1031 Property attracts both 1031 exchange and cash investors. If you are unknown with a 1031 exchange– a tax-advantaged way for persons holding real estate in their portfolio, you can read more about it here.