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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.

NNN 1031 Podcast - Update

Thanks to all the listeners of the 1031 Exchange Passive Income Series on itunes and other podcast sources.

And thanks for the calls and emails from our listeners.  Glad we can answer your 1031 exchange and triple net questions.

Here is the new page with all the podcast show links as well as links to itunes and stitcher and youtube etc:

www.1031navigator.com/podcast-nnn-1031

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

 

NNN Properties - What Price Should I Offer?

When making an offer on triple net property you should first assess the asking price relative to the market.

If the NNN property is priced right, a good first offer is 90% + of ask price. This will still allow room for you to get a deal on the NNN property but also ensure the seller responds. Thomas Morgan, CCIM of 1031Navigator.com shares some offer info on a $6MM+ NNN 24 year CVS NNN property he is working on.

For a FREE 1031 Strategy Session call 1-866-539-1777 or go here.

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:

www.1031navigator.com