Owning or investing in commercial real estate is better than renting space, especially if you are engaged in trade or business. It is also a good way of diversifying your investment portfolio.
One of the chief reasons investors find this type of investment attractive is that real estate always appreciates.
Section 1031 of the Internal Revenue Code (IRC), also known as the Starker exchange or like-kind exchange, makes investing in commercial real estate more appealing. This legislative provision provides protection for investors of real estate. It applies to real estate properties that are exchanged for like-kind properties that are held…
Dev Sarwal has been involved in the commercial real estate business since the 1990’s, specializing in Commercial Acquisitions and Sales for clients worldwide.