| Net Worth Protection |
Sell, Trade or Downsize Your Farm or Ranch to Ensure Reliable Retirement Income!
You have worked hard to build your current asset base and receiving top dollar for your property is only one consideration in protecting your net worth. Probably the most important tool available to anyone who has sold a real-estate holding and wants to invest in other real property without paying the capital gain taxes due on the gain in value accumulated over the term of ownership is I.R.C. Section 1031 Tax-deferred exchanges.
Big Sky Management has helped dozens of clients find suitable replacement properties and introduced them to the professionals needed to complete the transactions correctly. Our experience and resources help clients successfully complete the transition within the time constraints of the exchange. We locate income-generating buildings in high-traffic locations that offer both security and strong cash returns on your investment. Leases are written to pass expenses on to the tenants and we arrange professional management to care for your property after the purchase so you can focus on retirement and not being a landlord.
Information on 1031 Real Estate Exchange
Big Sky Management is well-versed in IRS tax code 1031 Exchanges. Our trusted experience helps ranch families earn top dollar for their agricultural property and transfer those assets into long-term commercial income properties. Commercial properties, from shopping malls to medical office buildings to auto parts stores, provide reliable income to satisfied clients seeking prudent, low-maintenance, high-income investments.
The primary reason for considering an IRC 1031 Tax-Deferred Exchange is asset retention. IRC 1031 exchanges allow you to:
• Preserve equity by deferring Federal and State capital gains taxes on the sale of qualified properties,
• Convert high-equity property into income-producing property with cash flow and depreciation benefits,
• Simplify inheritance decisions and property distribution issues by diversifying into income-producing properties.
Timing plays a significant factor in the IRC 1031 exchange process. To ensure a successful transaction, consult with BSM prior to any sale of any investment property. BSM can assist with the sale of current property holdings and locate replacement property within the allowed 45-day time frame and assist with closing the replacement property within the 180-day period.
BSM also arranges for financing (if needed) and professional management of purchased properties. Contact BSM for more information about IRC 1031 exchanges and your net worth protection.
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