Getting Creative with a 1031 Exchange Transaction
In order to grow you often have to get creative!
HINGE represented the buyer in a 1031 tax deferred exchange transaction that resulted in an upgrade in real estate for the property owner. A 1031 exchange allows a real estate investment property owner to sell one piece of investment property and swap it into another without a tax event—subject to certain parameters. This vehicle is an excellent way to improve the quality of the buildings a childcare operator occupies. The real estate buyer is also a partner in the operating entity that will occupy the space, thereby improving their real estate portfolio and expanding their operating platform with a new quality location simultaneously.
For more information or to learn more about how HINGE can support your buying or selling needs, please contact a member of our team at info@hingebrokers.com