Our services include:
Types of properties we work with: Residential Condos, Commercial Condos, Multi-Families, Mixed Use Buildings, Retail Centers, Office Buildings and Development Opportunities.
Coverage Areas: Boston, Cambridge, Somerville, Brookline and other surrounding areas, generally within the 128 Belt.
Experience: We have experience with a wide range of investors - from first-time investors to owners looking to sell portfolios, and everything in between. We will work with you on a plan to achieve your investment goals.
What is a 1031 Exchange? A 1031 tax-deferred exchange allows owners of certain investment or business properties to defer paying capital gains taxes if the owner acquires “like kind” replacement property within a certain time of their sale.
Timing: The timing of a 1031 exchange is critical, which is why it is crucial to work with an expert. Generally, you must identify the replacement property within 45 days of the sale and close on the replacement property within 180 days.
Benefits/Ways to Take Advantage of 1031 Exchanges:
- Exchange one property into multiple properties to diversify your portfolio.
- Exchange multiple management-intensive properties into a single property.
- Exchange a stabilized property into one offering value-add opportunities with greater cash ow potential.