1031 Exchange
Is a 1031 Exchange Right for You?
If you’re considering selling property and want to defer, or even eliminate, the taxes that may arise from the sale of the property, a 1031 exchange may be an appropriate solution. We are 1031 exchange professionals, assisting clients nationwide for the last decade. We are here to help you find clarity in the 1031 exchange process.
Potential 1031 Exchange Benefits
A properly executed 1031 exchange may provide a number of benefits, including:
Defer Taxes
By completing a 1031 exchange, potential taxes on the sale of the property may be deferred (e.g., capital gains, depreciation recapture).
Preserve Capital
A completed 1031 exchange may provide the opportunity to put all capital to work rather than lose a portion of it to taxes.
Generate Cash Flow
Depending on the type of replacement property purchased, the potential for consistent cash flow may be a benefit.
Diversify Portfolio
Passive ownership structures allow for diversification both geographically and by property type.
Passive Ownership
Structures such as TICs and DSTs allow for passive ownership, alleviating the worry of managing a property.
Facilitate Estate Planning
DST and TIC structures allow for a step up in basis upon death, may facilitate intergenerational planning, and protect family interests.
Hypothetical 1031 Exchange Transaction
Hypothetical 1031 Exchange Transaction. For example purposes only. Actual results may vary.
Navigating a 1031 Exchange
The rules and timelines that must be followed for a 1031 exchange are complex and may feel overwhelming to complete without professional guidance. Given the financial magnitude of your investment, you will want to be sure you’re investing with thought and clarity, and that you understand all of your options. That’s why we’re here. We will help make sense of the process and guide you through the exchange so you can walk away feeling confident you’ve made the right decision.
At Chicagoland 1031 Exchange we pride ourselves on our personal touch. Throughout the 1031 exchange process, we will:
- Provide you with education and advice on your 1031 exchange in a way that takes into account your individual situation rather than a formulaic response.
- Review replacement properties together from a number of sponsors that have gone through our due diligence process.
- Coordinate with other professionals you are working with regarding your exchange, including your accountant, attorney and realtor.
- Take the time to answer any and all questions you have regarding your exchange and investment.
We have completed 1031 exchanges for a wide variety of clients including farmers and ranchers who have sold their land, individuals who have owned rental property and are now ready to take a more passive approach to owning real estate, small business owners, and professional real estate investors.
Are you ready to talk?
Whether you're thinking about selling a property and want to better understand the 1031 exchange process and investment choices, or if you already sold your property and the proceeds are currently held at a Qualified Intermediary, we can help.
Please call us at (224) 245-5281 or schedule an introduction today.
Chicagoland 1031 Exchange proudly serves clients nationwide, including California, Illinois, Florida, Colorado, Massachusetts, and more.
The information herein has been prepared for educational purposes only and does not constitute an offer to purchase or sell securitized real estate investments. Such offers are only made through the sponsors Private Placement Memorandum (PPM) which is solely available to accredited investors and accredited entities. DST 1031 properties are only available to accredited investors (typically have a $1 million net worth excluding primary residence or $200,000 income individually/$300,000 jointly of the last two years, and reasonably expects the same for the current year) and accredited entities only. If you are unsure if you are an accredited investor and/or an accredited entity please verify with your CPA and Attorney. There are risks associated with investing in real estate and Delaware Statutory Trust (DST) properties including, but not limited to, loss of entire investment principal, declining market values, tenant vacancies and illiquidity. Potential cash flows/returns/appreciation are not guaranteed and could be lower than anticipated. Because investor’s situations and objectives vary this information is not intended to indicate suitability for any particular investor. This material is not to be interpreted as tax or legal advice. Please speak with your own tax and legal advisors for advice/guidance regarding your particular situation.
This site is published for residents of the United States only. Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Not all services referenced on this site are available in every state and through every advisor listed. For additional information, please contact Nathan Kuhn at 224-245-5281.
Chicagoland 1031 Exchange does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstances.
Securities offered through DAI Securities, LLC, member FINRA / SIPC. Advisory services offered through Kuhn Wealth Management, Inc. (KWM), a state registered investment advisor. Insurance offered through DAI Securities, LLC. KWM dba Chicagoland 1031 Exchange is independent of DAI Securities, LLC.
