Commercial Partners Exchange Company provides like-kind exchange services to taxpayers throughout the state of Minnesota. Give us a call today to set up a time to chat with our Maple Grove 1031 exchange professionals – 612.643.1031.
Maple Grove 1031 Exchanges
The biggest benefit that section 1031 of the Internal Revenue Code provides is the ability to defer your capital gains taxes when selling a piece of investment real estate. In order to defer your gains, you need to meet several requirements. First of all, your property needs to be held for investment or business use only. Second, you need to reinvest all of your net proceeds from the sale into a new replacement property. When done correctly you get to avoid a potentially huge tax hit.
At Commercial Partners Exchange Company, we facilitate 1031 exchanges throughout the state of Minnesota, including the cities of Maple Grove, Eden Prairie, Brooklyn Park, Crystal, Rogers, and more.
Maple Grove 1031 Exchange Resources
There are a variety of free-to-use resources available to taxpayers on the web that can help educate people about 1031 exchanges. We have put together a few such resources to help you better understand the 1031 exchange process and whether your property qualifies. Click on the links below to view these resources:
Qualified Intermediaries in Maple Grove, MN
Thinking about 1031 exchanging your investment real estate? Commercial Partners Exchange Company has you covered! Our qualified intermediaries have two decades of experience facilitating exchanges of investment real estate in Minnesota and across the country. We can walk you through the entire process and ensure you are comfortable at each stage. Contact us today to learn more about our services and capabilities. Our main office is located in downtown Minneapolis and we have several satellite office across the country as well.