Friday, November 21, 2014

1031 Exchange Basics (Part 1 of 2)

The 1031 exchange is a popular tool used to defer capital gain taxes (or losses) for business and investment real estate transactions. It is derived from the Internal Revenue Service’s code Section 1031 and gives investors the opportunity to earn a rate of return on funds that would otherwise be paid to the IRS.

It is also great for portfolio adjustments: diversify, expand, risk averse, down size, location selection, etc. These details can be very important and help with major investor and business owner decisions. To start off, we will go over the types of 1031 exchanges:

Friday, November 14, 2014

#FeaturedListingFriday - 2085 Morse St

Retail Space for Lease - 2085 Morse St, Janesville, WI


1,500 sf inline space available in new 5,100 sf strip center just off a controlled intersection with Milton Ave, Janesville's main commercial corridor, and extremely close to an I-90/39 interchange.
Lease rate is $24.00 psf, NNN (est. $6.90 psf) for gray shell finish.