Our clients have traded their apartment headaches for convenient triple-net leased properties, and they successfully deferred taxes through 1031 Exchanges. We can do the same for you.
This family owned their 12-unit apartment building for 40 years. We successfully brokered their property for $1,735,000, and they purchased a building leased to Noodles & Co. without paying capital gains taxes. With improved cash flow and zero maintenance, we congratulate them! For more info about this transaction click here.
Another option for anyone who just wants to divest is the Long-Term Colorado Capital Gains Exclusion. Capital gains on CO assets held more than 5 years can be excluded from income on the CO tax return.
Doug!!
Manager: Emma Parham Apartments
1069 Pearl St
Denver, CO 80203
720.364.8364
EmmaParhamApts@hotmail.com Date: Thu, 18 Feb 2016 20:40:23 +0000 To: emmaparhamapts@hotmail.com
Hi Doug – That’s great advice. Thank you! ~Kyle