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1031 Exchange -
Real Property Ownership

Whether you own commercial property through your business, you’re a landlord, or a farmer, retiring can be challenging. Holding on to the property means personal liabilities and potential issues with the tenant or management company.

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Even though many would love to sell their property to avoid the toilets, tenants, and trash, they don’t.

Typically, there are 3 reasons why owners don't sell their properties even though they would like to:

A Delaware Statutory Trust can eliminate taxes, provide tax sheltered income, and a stepped-up basis to your beneficiaries.

A 90-second video goes over the basics.

1. Taxes

Selling real property means paying Capital Gains Taxes, Depreciation Recapture Taxes, and Net Investment Income Taxes. That can range from 24% to 38% depending upon your state.

2. Income

Generating income to last a 30-to-40-year retirement can be a challenge, especially if you gave 25% of your money away and your income is no longer tax sheltered.

3. Kids

Comprehensive Estate Planning is essential to pass your assets quickly and efficiently. A stepped-up cost basis is important to avoid the big tax hit and give your beneficiaries the full value of what you’ve worked so hard to create.

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Create a plan that provides peace of mind.

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