Accumulate Wealth Through 1031 Exchanges












What we Offer
Direct Ownership
Flexibility to Liquidate
More Cash Flow
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Low Risk
Easy Process
What is a 1031
Exchange?
NON-EXCHANGE TREATMENT


EXCHANGE TREATMENT


Benefits of 1031 Exchange
Are you a real estate investor looking for a convenient way to save on your tax bills? Then, you will be happy to employ this tax reduction strategy that allows you to defer the amount you owe on tax. However, it is necessary to understand the working principles of the 1031 exchange and how it can lead to successful real estate investing and expand your portfolio.
The 1031 exchange allows taxpayers to postpone the capital gains taxes on the sale of a house if they buy a new one within a timeframe. This tax-deferred procedure can be useful to any taxpayer who is looking to sell their current property and purchase a new one. Aside from this great advantage, there are other benefits of a 1031 exchange.
- Opportunity to diversify a portfolio and expand
Contrary to what most people think, 1031 exchange is a legal strategy that allows you to reinvest the proceeds from the sale of your property and postpone capital gains taxes by buying “like-kind” properties within a set period. For many investors, this is the best way to diversify their portfolio, grow wealth, and generate more returns over time. An investor can exchange a single-family apartment in a highly favored market such as Los Angeles for many rental properties in a less exorbitant city and less volatile market, leading to a better cash flow.
- Avenue to explore new markets
The biggest benefit of investment real estate is the diversification of risk. 1031 exchange provides enough grounds to capitalize on this advantage. Knowing full well that the 1031 exchange can be executed anywhere in the country, an investor can exchange to enter markets with high growth potentials, thereby earning big returns. Remember that the payment of state capital gains taxes is variable from one state to the other.
- A tool to have more investing capital
Tax savings entail having more disposable cash for investing in other assets. This cash can act as a down payment for the exchange of high-value and more expensive replacements. This will eventually lead to more cash flow and increased capital investment.


MEMPHIS MARKET UPDATE - Q3 2022
November 3, 2022 at 10:00 AM PST
LIVE WEBINAR
Jeff King (Co-Founder and Principal), Kent Coykendall (President), Brian Conlon (Business Development), & Wendy Dube (Client Service)
Get the latest update on the Memphis real estate market in our next investor webinar.
How A 1031 Exchange Works
For your 1031 Exchange, you need to follow these steps:
Step One:
While contemplating the sale of an investment property, contact Meridian Pacific Properties
When contemplating the sale of an investment property. Contact Meridian Pacific Properties immediately to help answer any questions you have about doing a 1031 Exchange.


Step Two:
Enter into a contract and open escrow
When you reach an agreement to sell your investment property and enter into a contract and open escrow, make Meridian Pacific Properties your first call to get the 1031 Exchange process started.


Step Three:
Identification Period
On the actual date of the sale of your relinquished property, the 45-day identification period begins to identify the next property you want to exchange into. Additionally, the 180-day exchange completion timeline begins as well.


Step Four:
Finalize Exchange
Once you open escrow on the property you’re exchanging into, contact Meridian Pacific Properties to help you finalize the exchange.


Step Five:
Enjoy a fully tax-deferred exchange
Meridian Pacific Properties will provide you with the necessary tax documents to file your taxes the following year, so you can enjoy a fully tax-deferred exchange.


Why Meridian?
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MANAGEMENT
Homes Built In 2022
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Whether you’re ready to sell today or in the future, we are happy to answer any questions you may have about your real estate portfolio.
Email, call, or fill out the form below to get in touch. If you already have a property and are ready to start an exchange process now, click here.