The advantage of a 1031 exchange is the ability of a taxpayer to sell income investment, or business property, and replace it with a like-kind property by deferring the payment of federal income taxes on the transaction. One cannot simply sell a property and subsequently purchase a replacement property. The process does not work that way. There must be an exchange. Section 1031 of the Internal Revenue Code is the basis for a tax-deferred exchange.

There are several different investment options that real estate has to offer which produce cash flow. Houses, apartments, commercial office buildings, and retail shopping centers can all produce healthy returns on investment. Triple Net Lease properties (NNN), where the tenant pays all operating expenses, taxes, insurance and maintenance costs, are also included. Stokley Properties offers our clients professional real estate advice so they can make informed decisions.

The growth potential of tax advantaged compounded earnings, by using a retirement account to acquire real estate, is a financial planning necessity. Stokley Properties seeks to inform, educate, and assist clients interested in greater profit potential, enhanced tax benefits, and increased security by investing in real estate. Investment can be made directly or within a retirement plan. Working with your tax advisor, we’ll show you how to utilize your retirement plan to benefit and acquire real estate opportunities. Using your retirement plan could provide tax-deferred real estate profits.