Your Trusted Houston Commercial Real Estate Brokerage
Viking Enterprise LLC is part of eXp Commercial, an agent-led, cloud-based commercial real estate brokerage with agents across the globe.
Your Trusted Katy / Fulshear & Houston Commercial Real Estate Brokerage
Viking Enterprise LLC is part of eXp Commercial, an agent-led, cloud-based commercial real estate brokerage with agents across the globe.
eXp Commercial - Viking Enterprise Team's real estate network provides unparalleled commercial real estate services to Tenants and Landlords around the Katy- Houston area. Our knowledge, experience, and reputation sets us apart from many firms.
A commercial property owner might have various plans that would necessitate the services of a commercial real estate broker. Some of the common scenarios include:
1. Selling the Property: If the owner decides itās time to sell the property, a commercial real estate broker can help determine the market value, market the property effectively, and negotiate with potential buyers to get the best possible price.
2. Leasing Space: For property owners looking to lease out part or all of their commercial space, a broker can help find suitable tenants, negotiate lease terms, and ensure the lease agreements meet all legal requirements and serve the ownerās best interests.
3. Acquiring More Properties: Owners looking to expand their portfolio would benefit from a broker's knowledge of the market, access to listings, and negotiation skills to secure additional properties at favorable terms.
4. Property Management: While not all brokers offer this service, some commercial real estate brokers or their affiliates offer property management services. This can be particularly appealing for owners who prefer a hands-off approach or are managing properties from a distance.
5. Market Analysis: Owners considering future developments, renovations, or rebranding of their property might engage a broker for a comprehensive market analysis. This helps in understanding current market trends, the demand for different types of spaces, and potential returns on investment for various strategies.
6. Refinancing: In situations where a property owner is looking to refinance their property, a commercial real estate broker can provide valuable insights into the propertyās current market value, assist in gathering necessary documentation, and even help in finding the best financing options.
7. Partnership or Investment Opportunities: Owners interested in exploring partnerships, joint ventures, or seeking investors for expansion or development projects might use a broker to find and vet potential partners or investors.
8. Consulting on Zoning and Use Changes: When contemplating a change in the use of the property or dealing with zoning issues, a broker with experience in local regulations and the specific property type can provide guidance and strategic planning assistance.
9. Exit Strategy Planning: For owners looking to plan an exit strategy from their investment, whether itās through a strategic sale or a gradual winding down of operations, brokers can provide market insights, timing advice, and valuation services to optimize the exit process.
In any of these scenarios, the expertise and services provided by a commercial real estate broker can save the property owner time and money, while also providing access to a wider network of potential buyers, tenants, and industry professionals. Give us a call today!
Reviews
š Reverse 1031 Exchange Explained: How Smart Investors Buy Before They Sell š¼
š” What Is a Reverse 1031 Exchange? CRE Investorās Guide to Tax Savings & Growth š
In commercial real estate investing, timing is everything. If youāve ever found the perfect property but havenāt yet sold your current one, you may worry about losing the opportunityāor facing a big tax bill. Thatās where the Reverse 1031 Exchange comes into play.
A traditional 1031 exchange allows investors to sell one property and reinvest the proceeds into another ālike-kindā property while deferring capital gains taxes. However, this strategy typically requires that the relinquished property (the one youāre selling) is sold first.
A Reverse 1031 Exchange flips the process. Instead of selling first, you acquire the replacement property before selling your existing property. This option is crucial when:
Ā· The ideal property becomes available unexpectedly.
Ā· Market timing favors buying before selling.
Ā· Investors want to secure an asset in a competitive market.
With a reverse exchange, an Exchange Accommodation Titleholder (EAT) temporarily holds title to the replacement property until your relinquished property sells.
The IRS rules are strict:
Ā· You have 45 days to identify which property youāll sell.
Ā· You must complete the entire exchange within 180 days.
Failing to meet these deadlines can disqualify the exchange and trigger capital gains taxes.
Ā· Tax Deferral ā Avoid immediate capital gains taxes.
Ā· Strategic Flexibility ā Acquire properties when the timing is right.
Ā· Competitive Advantage ā Lock in high-demand assets before others.
Ā· Portfolio Growth ā Trade into better-performing or higher-value properties.
Ā· Financing Complexity ā Lenders may require more stringent terms since the property is temporarily held by an EAT.
Ā· Higher Costs ā Reverse exchanges typically involve higher legal and administrative fees.
Ā· Strict Rules ā Missing deadlines can invalidate the tax benefits.
Reverse exchanges are ideal for:
Ā· Developers looking to secure land before selling other parcels.
Ā· Investors eyeing hot-market properties.
Ā· Business Owners who want to transition into new space without business disruption.
š Bottom Line: A Reverse 1031 Exchange gives investors the power to buy first, sell later, and still benefit from tax deferral. While more complex than a traditional 1031, it can be a game-changer for those who move strategically in todayās competitive CRE market.
https://www.houstonrealestatebrokerage.com/houston-cre-navigator
https://www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6
http://expressoffers.com/[email protected]
https://app.bullpenre.com/profile/1742476177701x437444415125976000
https://author.billrapponline.com/
https://www.amazon.com/dp/B0F32Z5BH2
https://veed.cello.so/FOmzTty6oi9
Ā© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial Viking Enterprise Team
eXp Commercial - Viking Enterprise team real estate network provides unparalleled commercial real estate services to Tenants and Landlords around the greater Katy & Houston MSA area. Our knowledge, experience, and reputation sets us apart from many firms.
A commercial property owner might have various plans that would necessitate the services of a commercial real estate broker. Some of the common scenarios include:
1. Selling the Property: If the owner decides itās time to sell the property, a commercial real estate broker can help determine the market value, market the property effectively, and negotiate with potential buyers to get the best possible price.
2. Leasing Space: For property owners looking to lease out part or all of their commercial space, a broker can help find suitable tenants, negotiate lease terms, and ensure the lease agreements meet all legal requirements and serve the ownerās best interests.
3. Acquiring More Properties: Owners looking to expand their portfolio would benefit from a broker's knowledge of the market, access to listings, and negotiation skills to secure additional properties at favorable terms.
4. Property Management: While not all brokers offer this service, some commercial real estate brokers or their affiliates offer property management services. This can be particularly appealing for owners who prefer a hands-off approach or are managing properties from a distance.
5. Market Analysis: Owners considering future developments, renovations, or rebranding of their property might engage a broker for a comprehensive market analysis. This helps in understanding current market trends, the demand for different types of spaces, and potential returns on investment for various strategies.
6. Refinancing: In situations where a property owner is looking to refinance their property, a commercial real estate broker can provide valuable insights into the propertyās current market value, assist in gathering necessary documentation, and even help in finding the best financing options.
7. Partnership or Investment Opportunities: Owners interested in exploring partnerships, joint ventures, or seeking investors for expansion or development projects might use a broker to find and vet potential partners or investors.
8. Consulting on Zoning and Use Changes: When contemplating a change in the use of the property or dealing with zoning issues, a broker with experience in local regulations and the specific property type can provide guidance and strategic planning assistance.
9. Exit Strategy Planning: For owners looking to plan an exit strategy from their investment, whether itās through a strategic sale or a gradual winding down of operations, brokers can provide market insights, timing advice, and valuation services to optimize the exit process.
In any of these scenarios, the expertise and services provided by a commercial real estate broker can save the property owner time and money, while also providing access to a wider network of potential buyers, tenants, and industry professionals. Give us a call today!
Let us help your business succeed.
š Reverse 1031 Exchange Explained: How Smart Investors Buy Before They Sell š¼
š” What Is a Reverse 1031 Exchange? CRE Investorās Guide to Tax Savings & Growth š
In commercial real estate investing, timing is everything. If youāve ever found the perfect property but havenāt yet sold your current one, you may worry about losing the opportunityāor facing a big tax bill. Thatās where the Reverse 1031 Exchange comes into play.
A traditional 1031 exchange allows investors to sell one property and reinvest the proceeds into another ālike-kindā property while deferring capital gains taxes. However, this strategy typically requires that the relinquished property (the one youāre selling) is sold first.
A Reverse 1031 Exchange flips the process. Instead of selling first, you acquire the replacement property before selling your existing property. This option is crucial when:
Ā· The ideal property becomes available unexpectedly.
Ā· Market timing favors buying before selling.
Ā· Investors want to secure an asset in a competitive market.
With a reverse exchange, an Exchange Accommodation Titleholder (EAT) temporarily holds title to the replacement property until your relinquished property sells.
The IRS rules are strict:
Ā· You have 45 days to identify which property youāll sell.
Ā· You must complete the entire exchange within 180 days.
Failing to meet these deadlines can disqualify the exchange and trigger capital gains taxes.
Ā· Tax Deferral ā Avoid immediate capital gains taxes.
Ā· Strategic Flexibility ā Acquire properties when the timing is right.
Ā· Competitive Advantage ā Lock in high-demand assets before others.
Ā· Portfolio Growth ā Trade into better-performing or higher-value properties.
Ā· Financing Complexity ā Lenders may require more stringent terms since the property is temporarily held by an EAT.
Ā· Higher Costs ā Reverse exchanges typically involve higher legal and administrative fees.
Ā· Strict Rules ā Missing deadlines can invalidate the tax benefits.
Reverse exchanges are ideal for:
Ā· Developers looking to secure land before selling other parcels.
Ā· Investors eyeing hot-market properties.
Ā· Business Owners who want to transition into new space without business disruption.
š Bottom Line: A Reverse 1031 Exchange gives investors the power to buy first, sell later, and still benefit from tax deferral. While more complex than a traditional 1031, it can be a game-changer for those who move strategically in todayās competitive CRE market.
https://www.houstonrealestatebrokerage.com/houston-cre-navigator
https://www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6
http://expressoffers.com/[email protected]
https://app.bullpenre.com/profile/1742476177701x437444415125976000
https://author.billrapponline.com/
https://www.amazon.com/dp/B0F32Z5BH2
https://veed.cello.so/FOmzTty6oi9
Ā© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial Viking Enterprise Team
Let us help your business succeed.
9600 Great Hills Trail, Suite 150w Austin, TX 78759 |
855.450.0324 xx255
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Information About Brokerage Services eXp Commercial LLC #9010212
Viking Enterprise LLC #9009614
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