Leveraging the Power of 1031 Exchanges

"Trust in the Lord with all thine heart; and lean not unto thine own understanding. In all thy ways acknowledge him, and he shall direct thy paths." - Proverbs 3:5-6

1031 Exchanges: What Investors Need to Know

"Risk comes from not knowing what you are doing." — Warren Buffett

When done properly, 1031 exchanges can be a smart move for investors who are looking to sell property and then reinvest in another property. With the tax-deferred 1031 exchange, you'll avoid paying capital gains taxes — but there are strict rules and complicated guidelines you must follow.

As Investopedia advises:

"Special rules apply when depreciable property is exchanged in a 1031. It can trigger a gain known as ‘depreciation recapture' that is taxed as ordinary income. In general, if you swap one building for another building you can avoid this recapture. But if you exchange improved land with a building for unimproved land without a building, the depreciation you've previously claimed on the building will be recaptured as ordinary income. Such complications are why you need professional help when you're doing a 1031."

As you can see, things can get confusing fast. But that's why we're here.

If you're thinking about selling property so you can reinvest in a self storage or boat & RV storage facility -- we'd love the chance to earn your business. Whether you have a few questions or want us to walk you through the process step by step, we're here to help.

Self-Storage and Boat & RV Storage Investments
Self-storage and boat & RV storage facilities are excellent investments for a 1031 exchange. Some of the benefits include:
  • Low risk
  • Low maintenance
  • Long-term financial gain
  • Stability

We can also provide guidance on important factors to consider for your new property, like highway proximity, expansion capabilities, climate control, and more.

If you're considering reinvesting, be sure to download our app to browse listings as they come available, use our included loan calculators to figure out potential payments, and search rates of competition for any areas you're considering in Texas.

Contact Texas Storage Investors
Call 936-520-2721 to learn more about 1031 exchanges and how they can benefit you today.
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