1031 exchanges enable you to reduce or eliminate taxes on the sale of business or investment real estate. If you want to sell one business or investment property (the “relinquished property”) and purchase a “like-kind” replacement property within 180 days of the sale, structuring these two transactions as a 1031 exchange can enable you to [...]
Earlier this year we wrote about the growing market for 1031 exchanges using DST (Delaware Statutory Trust) investments as replacement property. Since then, interest in DST solutions continues to grow as it adds flexibility to a 1031 exchange. A number of prospective 1031 exchange clients have shown interest in getting out of the property management [...]
Read the original article posted in New England Real Estate Journal about 1031 DST Investments. As part of the Tax Cuts and Jobs Act enacted in late December 2017, the definition of eligible property for Section 1031 exchanges was changed dramatically. After many decades of allowing exchanges of personal (i.e., non-real) property, Section 1031 treatment [...]
Understanding the nuances of Section 1031 can make or break the success of your exchange especially 1031 exchange processing times. Although IRC Section 1031 exchanges may seem simple, that’s not always the case. Here’s one example of a common misconception that can disqualify an otherwise straightforward 1031 exchange: How many times have you heard that you [...]
We recently had the opportunity to talk Triple Net leases and 1031 with Alan Fruitman — a 25-year veteran of the real estate industry and a specialist in NNN, Triple Net, properties. Alan is the author of The NNN Triple Net Property Book and the founder of 1031tax.com, which maintains a subscription-only NNN property [...]
If you are a real estate broker, we realize that your customers are important to you and that is why it is more important than ever to have an industry leading Qualified Intermediary with experience and expertise in both Forward 1031 Exchanges and Reverse 1031 Exchanges. Because no two commercial real estate 1031 Exchanges are [...]
NES Financial will be exhibiting in the Finance Pavilion at this year’s International Council of Shopping Centers’ (ICSC) New York National Conference on December 8th and 9th. NES Financial combines experience, expertise, and purpose built technology to provide commercial real estate professionals with highly scalable and tailored solutions to help them make complex financial processes [...]
NES Financial will be exhibiting at this year’s International Council of Shopping Centers’ (ICSC) Western Division Conference on October 1 - 2 in San Diego, California. NES Financial combines experience, expertise, and technology to provide commercial real estate professionals with highly scalable and tailored solutions to help them make complex financial processes easy. From capital [...]
NES Financial is pleased to announce that the company is experiencing strong growth in its 1031 exchange business in recent quarters. To continue to provide world-class service to its clients, the company has added six new Client Services experts to their San Jose and Boston Offices. A 1031 exchange is a way for businesses or [...]
NES Financial will be exhibiting at the International Council of Shopping Centers’ (ICSC) RECon convention from May 18-20 in Las Vegas, Nevada. NES Financial provides commercial real estate professionals with the experience, expertise, and technology to make complex financial processes easy, by tailoring highly scalable solutions to address their needs. As the leading independent qualified [...]