A 1031 exchange is a transaction in which real estate investors can defer paying capital gains tax on the sale of a real estate investment property by reinvesting the proceeds into another “like-kind” property. This means that the new property must be of the same nature, character, or class as the property being sold.
‍
Highland Partners has the ability to facilitate 1031 exchanges by partnering directly with sellers of real estate to identify, structure and ultimately manage replacement property. Highland will manage the day-to-day responsibilities of the newly purchased properties and work with third parties (IE Qualified Intermediary, Legal, Title etc.) to ensure compliance with IRS regulations, helping mitigate both investor liability and time spent on investments. Highland has closed a number of transactions whereby it both identified opportunities and invested alongside sellers of property as outlined below: