# Commercial Loans

1031 Exchange

The IRS 1031 exchange is a transaction that allows a commercial property seller to defer paying taxes on the sale of the property if they use the funds to buy another, similar property within a specific period of time.

If an investor or developer sells a commercial property, they usually have to pay taxes then and there, but not always. If the proceeds are used to purchase another investment property within 180 days (in most cases) they can be tax deferred. This makes it possible for someone to sell one property, use the money from the sale to purchase another similar property and avoid paying taxes until they sell that second investment property.

The reason behind this rule is simple: Congress wanted to encourage entrepreneurs to invest in real estate rather than simply cash out and use their money elsewhere. It's designed to help businesses grow without penalizing them for doing so by taking away needed capital at tax time.

    Up to
    90%
    LTV - Purchase
    90%
    LTV - Rate & Term
    80%
    LTV - CASH OUT
    $150K up to $5M

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    # Commercial Loans

    Who Can Use a 1031 Exchange?

    Individuals, S corporations, C corporations, trusts, LLCs, and other groups are eligible to request a 1031 exchange for the purpose of deferring their tax burden until later. However, it's important to realize that 1031 exchanges are designed for the exchange of commercial property. As a result, personal homes and vacation residences may not be eligible. In addition, the seller cannot simply use money from the sale of the first commercial property to purchase the second commercial property; the two deals must be part of the same legal transaction (at least in the perspective of the IRS.)

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    (650-388-0418)

    Testimonials

    "Kristin Howard is absolutely best !!!!!!!!! She stayed on top of my deal until closing date.Cant ask for better service . Thank you Kristin"
    "Susan is the BEST! I have done several transactions with her and she has always been so helpful and made the process so easy. These can be stressful but with Susan it is always simple. Highly recommend!"
    "We had the pleasure of working with Angel Pierro. He was supportive during this entire process and we would 100% use him again! Highly recommend!"
    "I am so grateful to Maricris Duke for being so wonderful and helpful during the entire process. As a first time home buyer, I had a lot of questions and doubts but Maricris was there to answer and explain everything to me. Thank you for all the help to get the loan and ass
    "We had a very nice experience and had a quick aprroval!"
    "Josh Settersten, was AMAZING to work with. Really really good at what he does. Professional, trustworthy, good listener and tries to get you the best deal out there. I learned so much about getting a mortgage from him. He delivered on all fronts. I am glad I had him in my co
    "Josh helped tremendously throughout the entire process of purchasing our first home. He was excellent at communicating and overall exceeded our expectations. I would highly recommend working with Josh!"

    #Apply For 1031

    Why Should You Choose Us?

    We're here to make the home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our simple Hard Money Rate Quote.

    • Customer Focused
    • Minimal Documentation
    • In-Houses Controls
    • Best Loan Services
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    (650-388-0418)
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    #Apply For 1031

    States We Lend In

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    Looking for lending in a state not listed? We do lend in other states on a case-by-case scenario. Give us a call to see what we can do for you.

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    (650-388-0418)