1031 exchange

Opportunity Zone? - What is the difference between a 1031 Exchange and a Opportunity Zone Investment?

What is all the buzz about Opportunity Zones?

If you are a real estate investor or concerned about how much tax you pay then you have heard of Opportunity Zones.

The bipartisan Opportunity Zone Legislation was part of the 2017 Tax Cuts and Jobs Act.

Like a 1031 Exchange, the OZ legislation is meant to spur economic growth by providing capital gains tax relief. Yet, there are some key differences in each tax deferral process and investment strategy that investors should know about.

I was fortunate to be a guest this week on Jimmy Atkinson's popular Opportunity Zones Podcast. In this episode, we discuss:

- What are the similarities and differences between a 1031 exchange and an Opportunity Zones investment?

- How do the investor profiles of the two programs differ?

- We also touch on triple net properties and dive a little into my back story.

I appreciate Jimmy having me on his show. Jimmy is a great guy. Make sure to check out the value he brings to the Opportunity Zone space over at OpportunityDb.

The interview is two parts.

Part One covers 1031 v. OZ and is here in entirety.

Part Two covers impact investing and our separate business COMPOUND global. COMPOUND is a global impact investment fund creating triple bottom line returns from real assets. Triple bottom line refers to positive social and environmental impact returns alongside financial returns. Part Two is here.

OpportunityDb (The Opportunity Zones Database) provides world-class tools, education, and analysis to help individual investors, family offices, real estate developers, and industry service providers navigate the ins and outs of the Opportunity Zone program — empowering them to help create positive social impact in under-invested areas of our country.

5 Things You Should Ask Your 1031 Triple Net NNN Broker

Here is the most recent Q&A in our NNN Property Video Series.

Thomas discusses 5 things you should ask your 1031 Triple Net Broker.  The video is below or can be found on youtube or the audio on itunes.

5 questions ask your 1031 Exchange NNN Triple Net Property Broker

  1. How long have you been doing 1031 and NNN Triple Net brokerage? What kind of deals have you worked on in the past? What certification do you have; CCIM, SIOR or are you a member of other local or national organization?
  2. What kind of deals are you working on now, will do in the future or have done in the past? Do you do apartment buildings, industrial buildings, single family houses, Walgreens NNN? You want to ensure you have a specialist working with you on your 1031 exchange and Triple Net property.
  3. How do you get paid? The seller? Does the listing broker or the buyer pay the fees?
  4. Will I sign exclusively with you as my only NNN broker or non-exclusively?
  5. Where do the properties come from? Will you tap into your developer and listing broker networks and relationships forged over the years to get the best NNN properties? Or will you send me off market or pre market NNN properties and I'll have a chance at first purchase?

1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.  

Our focused expertise, experience and daily triple net market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty.  1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit:

http://www.1031navigator.com

 

Is the Lease really a NNN Lease? - Triple Net Properties Q&A

Today we look at if the Lease is really triple net?  Is it absolute net, triple net or double net?

In NNN investing, the lease is one of the most important things. The point of investing in NNN properties is to have a "hands off" investment.

When buying NNN properties make sure to read the lease to see if it is really true NNN or not.

Many triple net brokers and NNN sellers will advertise the lease as "net leased" or "ease of management" or "minimal landlord responsibilities" . Often times the lease will have more landlord responsibilities that advertised.

In this Video and Audio Q&A Thomas Morgan, CCIM of 1031navigator.com talks about absolute net leases, NNN leases, and NN leases.

Beware of opening escrow without having read the lease to see if it is triple net or not. This will save you time and money on your 1031 exchange NNN property purchase.

Video

Audio Version

Subscribe in iTunes or Stitcher

1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. 1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit:

http://www.1031navigator.com

5 things to look out for when buying a Dollar General 1031 Exchange

5 things to look out for when buying a Dollar General 1031 Exchange

Watch out for these 5 things when buying a DG for 1031 exchange.

Deal Hunting - 1031 Exchange Replacement Property

1031exchangeproperties.jpg

I’m in Northeast Boulder Colorado hunting for a 1031 exchange replacement property.

Within a few blocks of me, I had a choice of an Office Condo, Industrial Land, and an Office Building with potential redevelopment opportunity.

I chose the third option as it seems to be the best location and have the most upside along with cashflow:

  • 3000 Pearl Street cor 30th Street (1031 Replacement Property Link)
  • $3,250,000
  • 13,000 SF Bldg
  • Office Building with potential redevelopment opportunity
  • $250 / foot
  • 4 story building redevelopment possibility of 70,000 SF in total

1031 Exchange Replacement Property near the following:

  • Hyatt
  • Barnes and Noble
  • Chase bank
  • Whole Foods
  • Target

Overall, it’s a solid 1031 opportunity for those looking for 1031 exchange replacement property.

Put $7,967.31 in your pocket!

Learn about how a guy got paid $7,967.31 when he did his 1031 exchange.

BONUS: Find out how to do a 1031 exchange for FREE.

Find out How