Today on 1031 Navigator, Thomas covers:
It's been a while! Quick update on two Walgreens NNN I have for sale.
Working on a $125M 1031 exchange need and the only way to source that many deals in bulk is to go to my developer and broker contacts.
Today TMO looks at 7-Eleven NNN cap rates, two recent 7-11 1031's he closed, several active for sale triple net 7-Elevens and other 7-11 NNN 1031 sold comps.
________ Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994 Get FREE answers to your most pressing 1031 and real estate investing questions. Leave a direct voicemail at the podcast hotline at 970-300-1994 _______ Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments. For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com/free As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.
Recent 1031 NNN Closing update and 1031 Needs:
Today Thomas discussed pursuing a NNN multiple state strategy and/or no/low income tax state strategy for triple net properties and other commercial investment real estate.
- existing property - already owned property - relative’s property - reverse exchange - improvement exchanges
________ Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994 Get FREE answers to your most pressing 1031 and real estate investing questions. Leave a direct voicemail at the podcast hotline at 970-300-1994 _______ Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments. For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com/free As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.
- not enough equity - ZCF - Zero Cash Flo - DST - Delaware Statutory Trust
- non like-kind - is boot more than the gain? - too much debt? - too much equity?
- 1031 primary residence - 1031 residential - homestead exemption - converting to rental - buying a rental - split treatment - personal use v. investment property
- refi before - refi during - nanosecond - refi after - how long do you have to wait to refi? - intent - holding time - safe harbor
Krystal Bankruptcy and Thoughts on QSR / Fast Food NNN deals.
________ Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994 Get FREE answers to your most pressing 1031 and real estate investing questions. Leave a direct voicemail at the podcast hotline at 970-300-1994 _______ Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments. For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com/free As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.
- what is recapture - seller carry - installment sale - boot - highest tax rate first - what makes 1031 so great
- swaps - delayed exchanges - intermediaries - 1031 amounts - investment use - like kind
- swaps - simultaneous exchanges - automatic exchange - 3rd party exchange - intermediaries - simultaneous exchanges - 1031 timeline - 45 days - 180 days - 1031 identification - tax return dates for 1031 exchanges - reverse 1031 exchanges - ways to extend a 1031 exchange - 1031 replacement property strategies - pros and cons of each
________ Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994 Get FREE answers to your most pressing 1031 and real estate investing questions. Leave a direct voicemail at the podcast hotline at 970-300-1994 _______ Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments. For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com/free As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.
- qualified intermediary - varies based on type - QI risks - is your money safe?
- depends - downsizing or upsizing - how many exchanges - buying and selling right - tax rates - depreciation recapture - personal situation
- use trade, business or investment - not for personal use - if you like it, kind of like it - holding period - intent - ordinary income v. capital gains - safe harbor - will your advisor back you up with the IRS? - substantiate in writing - property type to property type - personal property exclusion - 1031 exchange for art - residential property - rental property 1031
- plan, plan, plan! - don't close until ready! - mortgage boot - equity boot - cash back at closing! - debt requirement - 1031 boot
- safe harbor - holding for investment - no limit
- 1031 stocks - 1031 REIT - 1031 LLC - 1031 DST - same taxpayer rule - drop and swap - personal property - tenants in common - liquidity - partner buy out
- history - reasons - process - benefits - why they are the Greatest Wealth Building Tool known to humankind
Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994 Get FREE answers to your most pressing 1031 and real estate investing questions. Leave a direct voicemail at the podcast hotline at 970-300-1994 _______ Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments. For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com/free As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.
The top 1031 exchange questions are answered here on today's show!
Listener question!
Milton in Palm Beach asks:
What options are there for triple net deals under $1,000,000?
Thomas is joined by client and friend Greg Totten of Trived Investments to discuss $5.7M worth of real world deals involving 1031 exchanges, triple net Dollar General and value add properties.
Today is a double/combo episode covering 1031 exchanges, opportunity zones, net leased properties, impact investments and advanced tax planning.
Ever heard of "Impact Investing"?
Low yields got your down?
Have a Walgreens or other Triple Net Property you are thinking of selling?
What catches your attention more video or email?
Listener question about "Zero Cash Flow" deals.
Listener Q&A: What is a realistic yield/return for a good triple net property?
Listener Q&A: How much should I expect to invest in a quality triple net property for a 1031 exchange?
Listener Q&A: Can you 1031 exchange a business or liquor license? What is "like kind" in a 1031 exchange?
Listener Q&A: How common are 15 year lease term NNN deals? How long are triple net leases? What tenants sign which leases?
Shout out to listeners: Melinda, Sharon, Kamal, Lucy and Ron! Thank you for your engagement in the show!
What is all the buzz about Opportunity Zones?
Listener Questions - 1031 Exchanges
Does the highest price win the deal?
Today Thomas speaks with David Sobelman the author of two books on triple net lease investments: "The Little Book of Triple Net Lease Investing & The Little Book of Urban Net Lease Investing."
Today I answer a listener’s questions related to 1031 exchanges and triple net properties. I also give a quick update of a couple recent NNN deals I worked on including a Walgreens, CVS, Pizza Hut and Family Dollar; all of which were 1031 exchanges.
I feel very fortunate to work with the clients I do.
Triple net investments are the most passive form of real estate ownership available.
Discover the hidden market of NNN triple net deals and commercial real estate in general.
When looking for 1031 properties for clients this morning, I became frustrated by a common trick brokers use to make their triple net investments look more appealing.
This was a fun call to a client regarding Letter of Intent (LOI), Purchase Agreement (PSA) negotiations and the due diligence (DD) process.
Want to do the deal? Keep it going.
How many days do you have for your 1031 Exchange?
Today we discuss triple net online property listings and why they are mostly BS.
How negotiable are sellers on triple net properties?
Find out about the 1031 Triple Net Secrets.
1031 NNN Update: Closed 1031 NNN properties, what triple net offers we are making. Triple Net cap rates, prices, locations, demographics and deals. NNN Dollar General deal of the week. Also some Walgreens, CVS and Churche's Chicken net leased deals.
Is the Walgreens property you are buying really triple net?
Here is the most recent Q&A in our NNN Property Video & Audio Series.
When making an offer on triple net property you should first assess the asking price relative to the market.
Today we look at if the Lease is really triple net? Is it absolute net, triple net or double net?