There are plenty of benefits of with Commercial Real Estate in a 1031 exchange. Unlike many other investments, commercial real estate is a great tax saver and helps you defer capital gains tax by using the 1031 exchange. The IRS requires that an Investor use a neutral third party, known as an intermediary to facilitate a 1031 Tax Deferred Exchange. It is also wise to consult your CPA.
Florida Property Investors might consider various types of properties to use as a replacement. Below is an example of a Property in a fantastic area.
We can assist you with your search for 1031 Exchange Commercial Properties.
O’Reilly Commercial Realty LLC
Phone: (352) 237-2222
Palm Beach County Hotel
Prices vary from $9,000,000 and up.
Boca Raton, Florida
No. Rooms: 199
Building Size: 49,000 SF
Property Type: Hotel and Motel
Property Sub-type: Economy – Limited Service
Property Use Type: Investment
Cap Rate: from 5% on up
Lot Size: 3 AC
Description of Boca Raton Property
This Investment Property was newly remodeled. This Florida Commercial Property is close to major attractions, universities and the beautiful Boca Raton beach. If this type of property interest you, feel free to contact us and we will find available Florida Listings for your 1031 Exchange.
This information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals.