A 1031 exchange allows an investor to sell real estate and defer capital gains if they buy a like-kind property. The tax benefits are significant! Utilizing 1031 exchanges effectively can help grow your real estate portfolio exponentially. Many investors don’t how much their real estate portfolio can be optimized by trading an underperforming property for something better.
There are a lot of moving parts and timelines. Build a plan first before you start the 1031 Exchange process. Denver investors often call us in a panic with only a week or two left on their 45 day identification window! We always do our best to help them, but ideally, we like to first have our investment consultation to create a plan before any properties get listed.
We help investors in Denver and Colorado Springs with their 1031 Exchanges.
Schedule your investment consultation to start creating your 1031 Exchange plan.