Getting Creative with a 1031 Exchange Transaction in Augusta, GA

January 6th, 2017 | Posted in Announcements, Articles, Closings

6/17/2016 – In order to grow you often have to get creative!  SSGA represented the buyer in a 1031 tax deferred exchange transaction that resulted in an upgrade in real estate for the property owner.  A 1031 exchange allows a real estate investment property owner to sell one piece of investment property and swap it into another without a tax event—subject to certain parameters.  This vehicle is an excellent way to improve the quality of the buildings a childcare operator occupies.  The real estate buyer is also a partner in the operating entity that will occupy the space, thereby improving their real estate portfolio and expanding their operating platform with a new quality location simultaneously.

For more information or to learn more about how SSGA can support your buying or selling needs, please contact a member of our team at info@ssgadvisors.com.

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