If you’re in a partnership that is selling a property and not all the partners want to 1031 Exchange, what can you do?
Last week we talked with Yonah Weiss about how to eliminate your taxes when you buy a property. Visit our YouTube Channel at Apartment Investor Show to replay the episode.
This week we talk with Craig Brown about how you can 1031 Exchange to defer your taxes when selling a property even when your partners want to cash out. Craig is the Senior Vice President of Investment Property Exchange Services (IPX1031) and has personally managed the facilitation of over 20,000 qualified exchanges throughout the nation.
Watch this episode to learn:
* Who can take advantage of a 1031 Exchange
* What types of properties can be Exchanged
* Three ways to Exchange in a partnership when not all partners want to
Get Smart and Invest Smarter with the Apartment Investor Show where JC Castillo and Paul Peebles interview top industry experts and discuss current market trends, investment strategies and fundamental concepts to help you make smart multifamily real estate investments.
JC Castillo has spent the last 13 years helping investors profitably navigate the ups & downs of a full market real estate cycle. In 2006 he founded Multifamily Property Group, a vertically integrated private equity firm focused on large scale value-add apartment properties in select US markets. Learn more about Multifamily Property Group at: https://www.multifamgroup.com/
Paul Peebles has been arranging real estate financing for borrowers and institutional clients since 1987. Mr. Peebles is the National Underwriter at Old Capital, underwriting and structuring all transactions handled by the company. Learn more about Old Capital at: http://www.oldcapitallending.com/
If you would like more information on 1031 Exchange options, you can reach out to Craig Brown at Craig.Brown@ipx1031.com