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1031 Exchanges Help Owners Grow Business & Plan Exit Strategy
Most investors realize that 1031 tax-deferred exchanges provide a great vehicle to accomplish their short and long-term investment objectives. However, exchanges also create a vast array of opportunities to help business owners grow their business and preserve their wealth. Following are a number of often overlooked ways business owners can benefit from a 1031 tax-deferred exchange:
Relocation or Expansion
Better Location
- Relocate to a new location that makes it easier to serve their customers. Whether it is a better designed property or closer to infrastructures that improve delivery, a 1031 exchange can help.
- When relocating, it often makes sense to sell rather than move many of the personal property assets and acquire new assets in the new location. This could include equipment, vehicles, client lists and even livestock if it happens to be a farmer relocating his farm.
Tax Incentives
- Take advantage of tax incentives and abatements to relocate to a state or local opportunity zone.
- When acquiring new property secure financing through a redevelopment authority or SBA.
Expand Footprint
- Sell one facility to acquire several others and expand the company's footprint.
- Sell the company headquarters or one of its larger properties thru a sale leaseback. Leaseback the property through a triple net lease (NNN) and use exchange proceeds to lease one or more other locations and prepay rents and/or make leasehold improvements. A leasehold interest can be exchanged for fee interest in real property provided the lease term is 30 years or more including options.
Increase Efficiency and Profitability
Free up Capital
Capitalize on Increased Depreciation Opportunities
Diversification of your Business
Developing an Exit Strategy
Read More About How 1031 Can Help Business Owners
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Use your Company 401(k) Plan as an Effective Tax Shelter and Wealth Accumulator
Mark is a successful 52 year-old REALTOR® with a significant portfolio of commercial and shore rental properties. Mark is supported in his business by his wife, Stacy, who runs the office and coordinates all of the administration, and his brother, Tom, who is also a licensed agent. Mark has 2 other administrative employees and annual revenues exceeding $4 Million. Like many others in his industry, Mark's business struggled in 2008 and 2009. During 2010, Mark began to see improvement. Based on early indicators, 2011 income will be strong and might exceed pre-recession highs. Yet, Mark will pay less in personal income taxes than ever before. Impossible? No.
Read about Mark's Solution
Learn More at ourCustomized 401(k) Plan - Best Kept Secret for Business Owners Webinar
Wednesday, March 23, 2011, 12:05 - 12:50 pm ET
Isn't it worth 45 minutes to an hour of your time to explore what more could be done via the company retirement plan? Lori B. Gordon, Principal and CEO of the MandMarblestone Group LLC, will present this webinar that no business owner can afford to miss. Lori will explain how business owners can use their company retirement plan to legally favor certain individuals, such as key employees, owners and family members while shaving $20,000 off their annual personal income tax bill.
Reserve your Space and Register Now!
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Lunch & Learn Webinars 
Join us for one of our complimentary Lunch & Learn Webinar Series webinars designed to provide quick educational sessions to help you build and preserve wealth. Grab your lunch and log on to a computer near you!
Customized 401(k) Plans - Best Kept Secret for Business Owners
Wed., March 23rd, 12:05 - 12:50 pm EST
Lori B. Gordon, Principal and CEO of the MandMarblestone Group LLC, will present this webinar that no business owner can afford to miss. Lori will explain how business owners can use their company retirement plan to legally favor certain individuals, such as key employees, owners and family members while shaving $20,000 off their annual personal income tax bill. Register Now!
1031 Exchanges Made Easy
Thurs., April 7th, 12:05 - 12:50 pm EST
This webinar will provide an overview of 1031 tax-deferred exchanges and their many benefits. We'll also review the requirements of a successful exchange. Register Now!
Tax Consequences of Selling a Primary Residence or Vacation Home
Tues. April 12th, 12:05 - 12:50 pm EST
This webinar will review the exclusion allowed on the sale of a primary residence under section 121. We will also discuss the sale of vacation homes and when they may qualify for a 1031 tax-deferred exchange. Register Now! |
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1031 Investor Seminars
 Join us at our complimentary seminar to learn more about 1031 exchanges and their many benefits. You must register in advance. Refreshments will be provided.
1031 EXCHANGES MADE EASY Tuesday, March 22nd, 6:30 - 8:30 pm
Thursday, April 14th, 6:30 - 8:30 pm
Tuesday, May 10th, 6:30 - 8:30 pm 1031 CORP., 341 Tenth Avenue, Suite 200, Royersford, PA
To schedule a 1031 seminar or sales workshop for your group, please call Margo McDonnell, CES® at 1.800.828.1031 ext. 212 or send her an email. |
Message from our President
 | | Margo McDonnell |
Dear Friends,
March 28th marks my 17th anniversary with 1031 CORP. and I have to express my gratitude to Bill Cotter who gave me this fabulous opportunity and is still a great mentor and supporter. When I first embarked on this journey, he told me to just use the tagline "Defer. Defer. Die." While I have joked about it many times, I've stuck with a more positive tagline but the fact is that "Defer. Defer. Die." sums up how to maximize the benefits of section 1031. A 1031 exchange allows you to build your real estate portfolio with pre-tax dollars by completing exchange after exchange. When you pass away (which unfortunately is unavoidable), your heirs receive your assets with a stepped basis (meaning at the fair market value on the date of death) and any deferred gain is forgiven. Your heirs never have to pay tax on the deferred gain! While it is important to do some planning to minimize the estate taxes and we have no idea what will happen when the current tax extensions expire at the end of next year, currently the first $5,000,000 in assets is exempt of estate taxes. "Defer. Defer. Die." is actually a great way to build and preserve wealth.
Happy Spring and Best Regards!
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About 1031 CORP.
1991 - 2011: Celebrating 20 Years of Excellence
Serving as a nationwide qualified intermediary for 1031 tax-deferred exchanges since 1991, 1031 CORP. strives to provide a superior exchange experience for our customers and their advisors. We provide our customers with enhanced security of funds, knowledgeable exchange professionals and a commitment to keep the exchange process simple for our customers and their advisors. Every member of the exchange team is a Certified Exchange Specialist® and has the experience and expertise to facilitate even the most complex exchange transaction, including reverse, improvement and personal property exchanges. Additional information can be found at www.1031CORP.com. |
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Margo McDonnell, CES®
Certified Exchange Specialist®
President
1.800.828.1031 ext. 212
Mobile: 610.680.6896
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Sue Umstead, CES®
Certified Exchange Specialist®
Senior Vice President
1.800.828.1031 ext. 208
Mobile: 610.755.8520
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Marissa LoCascio, CES®
Certified Exchange Specialist®
Senior Exchange Officer
1.800.828.1031 ext. 210
Mobile: 610.742.4351
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Bettye J. Matthews, CPA
Consultant
1.800.828.1031 ext. 205
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1031 CORP. Partners with Exchange Professionals
1031 CORP. has partnered with Exchange Professionals, Inc., Westminster, MD, and will now offer the many clients of Exchange Professionals, Inc. qualified intermediary services under the 1031 CORP. brand. The transaction was completed January 31, 2011.
Exchange Professionals, Inc. was founded by Bettye Matthews, CPA in 2003 and became one of the leading qualified intermediaries in the state. Like 1031 CORP., Exchange Professionals is known for the exceptional service provided to its clients and its commitment to educate taxpayers and their professional advisors on 1031 exchanges and their many benefits. Matthews will serve as a consultant for 1031 CORP.
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