Look no further than the Internal Revenue Code (IRC) 1031 to find a golden opportunity to sell certain real estate assets without paying capital gains taxes. Under Section 1031 of the IRC, a 1031 exchange allows you to invest profits from the sale of one commercial...
Dollar General, Byhalia, MS 45 minutes south of Memphis, TN Close date: January 15, 2019 Price 1,188,765 Cap 7.06% NNN 1031 Exchange & Offer in 5 Days A buyer without any NNN lease investment experience was actively looking for properties and ways to invest after...
When investing in commercial properties, many people use IRC Section 1031 of the US tax code to sell underperforming or high-maintenance properties and trade up to higher-performing properties using the 1031 exchange tax benefit. The 1031 exchange allows deferral of...
Do Like-Kind Exchanges Drive The Economy? As a current or potential commercial real estate (CRE) investor, you've most likely heard the term “1031 like-kind exchange.” Beyond being an excellent vehicle for deferring 100% capital gains taxes, like-kind exchanges, which...
Guidepost Montessori, Sterling, VA Fresenius Medical Center, Chubbuck, ID December 2021 $14.4 Million NOI: $515,000/year Investor Defers Millions of Dollars in Capital Gains Tax by Trading $14.4M of Management-Heavy Agricultural Land for Worry-Free NNN...
Great news, triple net (NNN) lease investors! As of December 13, 2022, the Biden Administration's proposed FY2023 changes to the 1031-like-kind exchange are off the table. Therefore, if you plan to trade one or more underperforming or high-maintenance investment...
4 Triple Net (NNN) Lease Properties Closing date: May–June 2022 Price: $17 million total NOI: $720,000+/year $17 Million 1031 Exchange: Mobile Home Park Traded for 4 NNNs Providing $720,000 Annual NOI Mobile home park owners ready to sell their properties often hang...
Contemplating selling an investment property but you’re not sure if it’s a good idea? When you sell any type of investment real estate, whether it’s a retail center, office complex, mobile home park, commercial land, rental home, or multifamily dwelling, you can use...
Most commercial real estate investors are familiar with the 1031 exchange tax code, which allows investors to sell one commercial real estate property and buy another while deferring the capital gains tax on the profit from the sale. However, what if you want to buy a...
Commercial real estate investors, if you are planning to sell investment properties and use a 1031 exchange to re-invest, now is the time to start the process so you can get the transaction closed by December 31, 2022. Why is this important? The White House has...
4 NNN Lease Properties Closing date: Spring 2022 Price: $20 million NOI: Approx. $1M annually New Triple Net Investor Uses 1031 Exchange to Defer Capital Gains Taxes on Sale of Ranch, Collects $1,000,000 Annual NOI for 15–20 Years Exiting the agricultural business,...
What is a 1031 Exchange? A standard 1031 exchange allows investors to defer capital gains taxes on the sale of an investment property, which provides tremendous tax savings for investors. It also makes it easier to use leverage to upgrade to a larger or...
A lot has transpired in 2021 and 2022 that has slowed the current administration's tax reform plans, but changes are still on the horizon for 2023. Released March 28, 2022, the FY 2023 Budget and Treasury Greenbook propose an increase in the federal capital gains tax...
Mountain Express Oil Company Portfolio, OH July 2021 $2,441,650 6.77% cap rate In May 2021, a California-based commercial real estate investor planning to sell his high-maintenance, multifamily apartments contacted Westwood Net Lease Advisors for assistance utilizing...
Closing date: May 2021 Price: $17.7 million total Cap rate: various A doctor from Las Vegas was planning to sell his medical building to a large real estate investment trust (REIT) and knew he wanted to reinvest the profit from the sale into mission-critical,...
314-997-5227 [email protected] Net Lease AdvisorsTexas Triple Net & 1031 Exchange Properties for SaleIf you're searching for triple net and 1031 exchange properties for sale in Texas, Westwood Net Lease Advisors is here to help. Earning reliable...
Dollar General, Mount Vernon, IL December 4, 2020 $1,276,000 6.90% cap rate $88,073 NOI A Reverse 1031 Wasn't in the Buyer's Plan but it Allowed her to Purchase a Highly Sought After Dollar General Upon referral, a St. Louis-based investor who wanted to use a 1031...
If you want to sell commercial real estate (CRE) using a 1031 exchange to defer all federal and state capital gains taxes, recapture depreciation, and increase your buying power, you will need a 1031 exchange team. There is no option for DIY here. When utilizing the...
The ability to defer capital gains tax on the profits from the sale of one investment property when purchasing another in a 1031 exchange has made using it a favorite activity among savvy investors. You may be familiar with the fact that the 1031 exchange is an...
Have you been thinking of utilizing a 1031 exchange to sell your current commercial real estate but you’re not sure if your property qualifies and how long it will take? You’re not alone. We get asked these questions every day, so our team at Westwood Net Lease...
In a recent article, we answered the question about whether a triple-net (NNN) lease investor can use a 1031 exchange for new construction, to which the answer is yes, with conditions. In this week’s post, we’ll cover another 1031 question we get asked often, “Can I...
Firestone Complete Auto Care, Huntersville, NC Closing date: July 13, 2020 Price: $3.663 million Cap rate: 4.96% Partner-owners of an Atlanta-area Walgreens property with ten years left on the triple-net (NNN) lease decided to sell it to diversify their real estate...
Dollar General Portfolio, 3 Alabama Locations Closing date: June 4, 2020 Price: $3.4 million Cap rate: 7.15% New Investors Turn to Beneficial NNN Properties to Meet Their Long-Term Financial Goals in 1031 Exchange New and experienced investors are increasingly turning...
In April, the Taxpayer Coronavirus Relief Plan extended the 1031-exchange 45-day identification requirement and the 180-day closing deadline to July 15th for those already involved in an exchange that began on or after April 1, 2020. If this is you, are you struggling...
Dollar General, Greenville, PA Closing date: April 22, 2020 Price: $1,429,000 Cap rate: 6.70% NNN Investor Closes on Unique Dollar General Property Amid COVID-19 A California-based real estate investor, who was in the process of selling a rental home and wanted to...
As of April 9, 2020, the IRS extended the 1031 exchange deadline. Notice 2020-23, the latest notice added to the Taxpayer Coronavirus Relief Plan, provides temporary timeline relief to taxpayers currently engaged in a 1031 exchange. In normal times, the 1031 exchange...
Under Section 1031 of the Internal Revenue Code, a 1031 exchange allows you to invest profits from the sale of one or more commercial properties into one or more “like-kind” and often more valuable properties, and defer the capital gains tax – potentially...
7-Eleven, Aurora, Illinois December 23, 2019 $3,105,000 5.25% Cap Rate NOI: $163,000/year A Rare Find: A 7-Eleven for Under $4M An experienced commercial real estate investor continues to trade high-maintenance properties for one of the top net-lease investments on...
Dollar General, Del City, Oklahoma December 9, 2019 $1,276,000 6.45% Cap Rate NOI: $82,302/year Yes, You Can Exchange Single-Family Rental Properties for Commercial Properties In autumn 2019, an experienced and skilled real estate investor was ready to sell a few of...
$31.7 Million 10-Property 1031 Exchange with Balanced Debt & Equity In early 2019, a St. Louis family partnership decided to sell a large, high-maintenance apartment complex since the market was favorable for selling, and with low interest rates, just as ideal for...
Dollar General, Meriden, CT October 2019 $2.2 Million 6.1% cap rate In February 2019, a California-based family completely new to triple-net (NNN) investing contacted Chris Schellin, President and Buyers' Advisor at Westwood Net Lease Advisors, regarding the upcoming...
Washington State, Florida, Virginia October 2019 $5+ Million 5.65-5.75% cap rates A Gas Station, A Krystal, & A KFC In June 2019, Chris Schellin, President and Buyer’s Advisor at Westwood Net Lease Advisors, received a call from a long-standing client asking for...
O’Reilly Auto Parts, Yazoo City, MS August 2019 $326,200 6.25% cap rate Net-Lease Deal Closed in Days to Defer Capital Gains Taxes Who knew you could get a lucrative net-lease investment for under $500,000, make around $23,000 NOI annually, and close the deal in a...
Popeye’s, Shelbyville, Tennessee Spring 2019 Price: 2,168,700 Cap rate: 6% St. Louis Buyer Secures a 1031 Exchange Property in 5 Days A buyer local to Westwood Net Lease Advisors’ home office in St. Louis had worked for many weeks with his long-time real estate broker...
Spring Hill & Briarwood Apartments Little Rock, AK Price: ~$3 million A 1031 Exchange with NNN Benefits A seasoned apartment complex developer wanted to use a 1031 exchange to invest in an apartment complex investment company. Since the deal posed NNN-like...
How many times have you had a conversation about 1031 Exchange on a commercial property, and someone says “Let’s think Chain Restaurants as an option”? Not too often, unfortunately. Restaurants, gas stations, and convenience stores (even motels fall into a...
Westwood Net Lease AdvisorsWhat is a 1031 Exchange?Are You Ready to Trade Up With the 1031 Exchange? Under Section 1031 of the IRC, a 1031 exchange allows you to invest profits from the sale of one investment property into a similar or “like-kind” and often more...
Keep in mind, when purchasing commercial real estate there is much more than income and possible appreciation. The tax benefits for some far outpace the income and possible future gain. Commercial Real Estate Tax Write-Offs The higher tax bracket investors who receive...
Westwood Net Lease AdvisorsFree 1031 Exchange e-BookHow Does the 1031 Exchange Save You Tens of Thousands of Dollars? Look no further than the Internal Revenue Code (IRC) 1031 for a golden opportunity to sell certain real estate assets and defer 100% of the federal...
Wondering if there is a legal way to avoid paying taxes? In this post you’ll discover a 100% legal method for not paying taxes on hundreds of thousands of dollars.
Are you a business owner about to sell your business but unsure of what to do with the profits? Maybe you’re looking down the road a few years at selling or possibly transitioning to the next generation. Regardless, you want to position yourself for a lifetime of...
During the peak of one of the tightest triple net (NNN) lease property markets in history, first-time NNN investors contacted Jason Simon, Vice President of Westwood Net Lease Advisors, to learn more about the NNN buying process. They also wanted to know if they could...
When it comes to triple net (NNN) investing, child care assets, such as KinderCare, Guidepost Montessori, and The Learning Experience, offer multiple investor benefits, including easy, reliable monthly income for up to 15+ years, and typically, minimal landlord...
How does collecting thousands of dollars in guaranteed monthly income from a multimillion-dollar company for 10 to 15 years sound? What if you had zero property responsibility, no maintenance, no management hassles, and no expenses? Triple-net (NNN) lease property...
Since the COVID pandemic began, Dollar General triple-net (NNN) lease property investments are in even higher demand than usual with limited supply, which has compressed cap rates. Even with lower cap rates than in Q1 2020 (-10–15 basis points), these properties still...
Dollar General, Byhalia, MS Closing date: August 5, 2020 Price: $1,199,000 Cap rate: 7.00% Exchange of Single-Family Rental for No-Maintenance NNN Property A Nevada-based husband and wife, new to commercial real estate (CRE) investing, reached out to Chris Schellin,...
Hardees, St. Petersburg, FL Closing date: July 15, 2020 Price: $1,828,267 Cap rate: 6.50% Bidding Situation Escalates Final Sale Price A long-standing client of ten years reached out to Chris Schellin, President at Westwood Net Lease Advisors, to list the Hardees in...
3 NNN Tax Advantages As a triple-net (NNN) lease investor and property owner, it is important to understand your prospective tax advantages. The following three tax benefits may pertain to your current property or help you choose the best new property for your goals,...
Commercial real estate industry is growing fast and many investors choose to invest their money in commercial properties as a source of building wealth over time. But, what investors like the most is investing in commercial properties with passive income...
Have you tried investing in turnkey residential real estate only to find out there's no such thing? In residential real estate, "turnkey" usually means a property is already maximized for profit potential, specifically a single-family house with high asset value and...
As an investment, owning a triple net lease (NNN) property is not only a good idea, it’s a great idea! A NNN property is a low-risk, passive, stable, long-term investment with a reliable, credit-worthy tenant that provides effortless monthly income, periodic rent...
When it comes to commercial real estate (CRE) investments with the highest returns, a lot of buyers look for multitenant properties with as many tenants as possible, assuming they provide the most profitable outcome. However, while multitenant properties offer a...
Climbing interest rates, a tense geopolitical climate, and an uncertain economy can concern even the most experienced commercial real estate (CRE) investors. Notwithstanding, this may not be the best time to let your money sit idle when it could help you preserve...
Caliber Collision celebrates 25 years as an automotive service leader, recently opening location number 1,500 while operating in 40 US states. Not only was Caliber recognized as one of “America’s Best Large Employers in 2021” by Forbes, but this brand is also a...
In last week’s blog, What is a NNN Lease Investment? we shared the basics of triple net leases, who leases the properties, and the benefits and drawbacks. We also demonstrated just how straightforward these income-producing investments can be. So now the question...
Have you heard about NNN lease investments? Regardless of your level of commercial real estate (CRE) experience, you may not be aware of the unique benefits and security that triple net lease properties offer — they are truly one of the most stable income-producing...
If you are in the market for your next or first triple net (NNN) lease investment, you may not have considered a gas station for sale. Gas station businesses with attached convenience stores are easy-to-own, long-term investments that provide stable income for 15 to...
Why a NNN Buyer’s Advisor is More Important than Ever With the prevalence of do-it-yourself online services for nearly everything, it may seem easy to find your next triple net (NNN) lease investment using online platforms, services, and software. Those ads for the...
You've cashed out of the stock market or you're thinking about it but don't know where to invest safely with healthy returns ... you're in the right place. For a low-risk investment, guaranteed monthly income with fixed increases, and the benefits of owning a tangible...
Should you purchase a sale-leaseback property in an inflationary market? The answer depends on your financial goals, but for many real estate investors, it is an attractive opportunity that offers contractual income, a tangible asset, capital preservation, wealth...
In Q1 of 2020, Starbucks held Westwood’s Tenant of the Quarter honor for many of the same reasons other net lease properties get the nod. As of Q3, 2022, they are at it again! This time, the distinction goes to Starbucks Corporation for going above and beyond the...
When buying or leasing investment properties, the commercial real estate vocabulary can be intimidating and challenging to navigate. Maybe you've heard of commercial real estate terms like “tenant improvement,” or “usable square footage,” but you don’t know what lies...
You’ve decided to invest in a triple-net (NNN) lease property. So, how do you find a property that fits your lifestyle, satisfies your financial goals, and balances your portfolio? How do you know which type of NNN property is right for you? To answer this question,...
When purchasing commercial real estate (CRE) or a triple net (NNN) lease property, a purchase and sale agreement (PSA) is the most important document in the process, so understanding the PSA and how to use it will enable you to successfully close the deal. What is a...
8 Net Lease Properties Closing date: September/October 2021 Price: $25.6 million total Cap rate: 6.50% overall New Triple Net Investor Uses 1031 Exchange to Trade Up to 8 Properties, Collects $1,664,000 in Annual NOI Within 45 days of selling his mobile home park,...
Did you know, if you sell your mobile home park investment, you can reinvest the income into triple net lease properties and defer paying federal capital gains taxes with the 1031 exchange? Transitioning to absolute triple nets using this tax code is one way to keep...