1031 Exchanges

A 1031 exchange makes it possible for investors to sell and buy similar types of property while deferring tax consequences*. This type of transaction is authorized by section 1031 of the IRS code and offers investors a reliable strategy for the protection of their real estate assets. A successful 1031 exchange allows the investor to reinvest 100% of the equity from the sale of a property into the purchase of a preferred replacement property without recognizing any gain (and therefore avoiding a large capital gains tax).

This type of property sale and investment can either be done through a simultaneous or delayed 1031 exchange. In most cases a 1031 exchange is conducted as a three-party delayed exchange also known as a Starker Exchange in which an intermediary ensures a reciprocal transfer of the properties and provides a safe harbor against the actual receipt of exchange funds.

*Although this is generally true, consult your tax advisor for details pertaining to your specific situation. These statements should not be relied upon as a substitute for advice from a certified tax accountant, legal or business advisor.

About US

North Coast Commercial is a specialized commercial brokerage and asset management company. NCC provides unparalleled performance to landlords, tenants, buyers and sellers of commercial properties.

Our team is dedicated to creating defined investment strategies for commercial real estate portfolio development with an emphasis on security and solvency.

Contact Us

North Coast Commercial, Inc.
608 University Ave
Sacramento, CA 95825

office: 916-979-9930
DRE# 01978267