1031 Exchange Properties in the Inland Empire
A 1031 exchange can let investors sell one investment property and buy another while deferring capital gains taxes, if the rules are followed. I'm Javier A. Brown, a commercial real estate agent with MGR Real Estate with more than 20 years in the Inland Empire. I help exchange investors find replacement property, especially industrial property such as warehouses, distribution buildings, manufacturing buildings, truck yards, and outdoor storage, as well as NNN retail, multifamily, and land.
Important: I'm a real estate agent, not a tax advisor or attorney. This page is general information, not tax or legal advice. Always talk to a qualified intermediary and your tax advisor before starting an exchange.
How a 1031 Exchange Works in General
- The properties sold and bought generally must be held for investment or business use.
- A qualified intermediary usually holds the sale proceeds during the exchange.
- There are strict deadlines for identifying and closing on replacement property, so planning ahead matters.
Your qualified intermediary and tax advisor can explain the exact rules for your situation.
Replacement Properties I Help Find
- Industrial warehouses and distribution buildings. See my page on industrial warehouses in the Inland Empire.
- Triple net (NNN) properties. Learn more on my NNN investment properties page.
- Truck yards and outdoor storage sites.
- Retail centers, apartment complexes, and land.
How It Works
- Plan early. Ideally before you sell, we talk about your goals and timing, alongside your intermediary and tax advisor.
- Search. I find replacement options that fit your goals and timeline.
- Review. We look at the leases, tenants, location, and numbers.
- Negotiate and close. I negotiate and coordinate with your intermediary and escrow.
Frequently Asked Questions
What is a 1031 exchange?
It's a part of the tax code that can let investors defer taxes on a sale when they buy like-kind investment property and follow the rules. Your tax advisor should confirm how it applies to you.
Are there deadlines?
Yes. There are strict deadlines for identifying and buying the replacement property. Your qualified intermediary and tax advisor will track them with you.
What kinds of property can I buy?
Many types of investment property can qualify, such as industrial, NNN retail, multifamily, and land. I help you find options that fit your goals.
Do I need a qualified intermediary?
Yes, in most exchanges. The intermediary holds the sale money so you don't receive it directly. I can work with the intermediary you choose.
Can you help me sell and buy at the same time?
Yes. I can help you sell your current property and search for the replacement so the timing works.
Start Your Search
Call me directly at (909) 641-0582 or email jbrown@mgrrealestate.com. Office: (909) 981-4466 ext. 266.
Javier A. Brown | MGR Real Estate | 3800 E. Concours St., Suite 350, Ontario, CA 91764 | DRE #01755491 | Se habla español