1031 NNN
There are many advantages to a 1031 triple-net lease (NNN) exchange. Triple net leased properties are particularly desirable when doing a 1031 exchange because of their high certainty of close. This is due to the fact that triple net leased properties are generally less complicated transactions than traditional real estate. Thanks to the capital gains tax deferral of a 1031 exchange, you can use the money you would have spent on taxes to reinvest in your new property. Reinvesting this additional equity can also be helpful in facilitating easier financing. The 1031 NNN exchange can also be useful in estate planning. Basically, you could choose to accomplish multiple exchanges and, in doing so, build upon your savings. Upon death, there is tax forgiveness for the deferred capital gains tax liability. This strategy provides you with the use of your money while living and allows you to leave a larger estate to your loved ones. A 1031 NNN exchange can also be useful in reducing the amount of work you have to do as an owner. You could rid yourself of a difficult-to-manage property, acquiring instead a triple-net lease property that requires little or no management. You could also sell property that isn't income-producing for property that has more income potential. For example, you might choose to sell raw land and replace it with an income-producing triple net lease retail store. Nearly any type of investment property can qualify for a 1031 NNN exchange. At TM 1031, we specialize in helping investors locate appropriate properties in a manner that is both timely and efficient. We have a data base with hundreds of 1031 compliant properties that we match investors unique requirements to. To learn more about our 1031 NNN services, contact us toll-free at 877-4TM-1031. You can also send us e-mail here info@tm1031exchange.com.
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