David Moore of Equity Advantage, nationally recognized leader in 1031 Exchange facilitation, answers whether exchange rules allow you to acquire a property that your business will occupy. Moore explains different 1031 exchange options that allow for more flexibility in your property investments and benefits for your income.
A lot of times people will create a business, build it, and do great with it, but ultimately the thing that makes them the most money is the business’s property—the property that the business actually occupies. To answer the question, yes, certainly, you can buy a property and have it acquired personally and have that property occupied by your business. – David Moore, Equity Advantage
If you’re thinking of selling your property, work with a broker who understands 1031 exchanges. Call René Nelson at 541-912-6583.