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A 1031 Exchange is a technique for deferring gain on the sale of property by reinvesting proceeds of the sale in “like-kind” property. A Tax Deferred Exchange is structured so that investment or business property is “traded” for “like-kind” property also held for investment or business.
Through our vast network of retailers and fellow developers, Preferred offers a "hassle-free" approach to 1031 tax deferred assistance. Beginning with the location and identification of appropriate net leased properties to the actual placement of long-term debt, our experienced staff provides a timely and cost-efficient experience. To date, Preferred Development has assisted more than 130 individuals and partnerships in the tax deferred exchange of $380 million dollars of single tenant retail and office properties nationwide.
www.ipx1031.com - Investment Property Exchange Services, Inc.
www.northstartrust.com – North Star Deferred Exchange Corp.
www.1031.org – Federation of Exchange Accommodators
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