Why Now is the Best Time for a 1031 Exchange

Why This Time of Year is Perfect for 1031 Exchanges in Real Estate

If you’re thinking about making some moves in real estate, now might be the perfect time to consider a 1031 exchange. This time of year is especially popular for 1031 exchanges, which are a way to swap one property for another without paying taxes on the profit right away. It’s like trading in your old car for a new one, but with real estate! Let’s break it down in a simple way.

What is a 1031 Exchange?

A 1031 exchange is a special rule that lets you sell one property and buy another without paying taxes on the money you make from the sale. Normally, when you sell a property and make a profit, you’d have to pay taxes on that money. But with a 1031 exchange, you can use that money to buy a new property and put off the taxes. This rule helps investors grow their real estate portfolio without paying taxes each time they make a profit. It’s like having a tool to help you build more wealth!

Why is This Time of Year Popular for 1031 Exchanges?

The end of the year is often a busy time for real estate deals. People want to close transactions before the year ends for tax reasons, and investors might be looking to do a 1031 exchange to take advantage of the benefits before the year wraps up. It's a great time to make sure everything is in order and to find that perfect property to exchange into. Plus, real estate markets can slow down during the holidays, meaning you might have more time to make decisions and find a great deal.

How Our Team Can Help You with 1031 Exchanges

At Christians Team Real Estate, we know how important it is to find the right properties for a 1031 exchange. But here’s something special about our team: we have pocket listings. These are properties that we have for sale, but they aren’t listed on the regular public market. They’re like hidden gems that only a select group of people know about.

What Are Pocket Listings?

Pocket listings are properties that are available but not advertised to the general public. They can be a great option for investors because sometimes these homes or commercial properties can be less competitive and more affordable. Because they’re not on the open market, you might find something that suits your needs and budget better than other properties that are listed online.

Why Work with Us?

When you work with Christians Team Real Estate, you get access to these pocket listings and the insider knowledge of our agents. We know the best deals in town, and we can help you find properties that are perfect for your 1031 exchange. Our team works closely with you to make sure you’re getting the most out of your investment. We’ll help you identify properties that match your goals, and we’ll make sure you know about opportunities that others might miss.

Ready to Start Your 1031 Exchange?

If you’re thinking about doing a 1031 exchange or just want to learn more about how it works, give us a call! We’re here to help you find the right properties, including those hidden gems, and guide you through the process. Whether you’re looking for your next real estate investment or want to explore off-market properties, our team has the tools and knowledge to help you succeed.

Let’s work together to find the perfect property for your 1031 exchange today!