It can be a property tax in case of properties or maintain regarding apartments. One must be aware of the costs that will be of the month concerning apartments; it also accompanies the new house. Investing is a big deal, and it is essential to pitching the accurate price. While one doesn’t want to miss an excellent bargain, one will not want a hole in the pockets. Dev Sarwal has long term relations with commercial real estate brokers both globally and domestically. Dev Sarwal focuses on types of properties to include- self-storage facilities, single-family rentals, and industrial as well as a warehouse.

Photo by Sean Pollock on Unsplash

What You Need to Know Before Implementing a 1031 Exchange

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

Dev Sarwal has been involved in the commercial real estate business since the 1990’s, specializing in Commercial Acquisitions and Sales for clients worldwide.

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