Asset Preservation, Inc.

🐰 Office Egg Hunt underway!!! Happy Good Friday and Happy Easter from API ✝️ #API #1031Exchange #Easter #EggHunt

Step 1 - Consult with your tax and legal advisors to ensure this strategy aligns with your financial goals. 🧑💼💡 Step 2 - Call us for a free consultation—and be sure to reach out before closing on your relinquished property. ☎️ 800.282.1031 Start your 1031 exchange with confidence—we’re here to ensure a seamless experience! Interested in learning more? 👉 https://shorturl.at/uympq #AssetPreservation #RealEstateInvesting #1031Exchange

Realtors, ready to boost your knowledge and help your clients make better investment choices? 📈 Join our Division Manager, Jana Reyes, for a Lunch & Learn where we’ll dive deep into the power of 1031 exchanges and how they work alongside financial planning to maximize wealth-building opportunities. What you’ll learn: • The ins and outs of 1031 exchanges for real estate professionals • How to identify investment opportunities for your clients • The connection between financial planning and real estate success Date: April 17, 2025 Time: 12:00-1:30 Location: Pete’s Brewhouse 3003 Douglas Blvd. Roseville, CA 👉RSVP here: https://shorturl.at/41sBu

Welcome to South Texas, Michelle! "With over 13 years in the real estate industry, I’ve had the privilege of guiding clients through some of their most important financial decisions. 💼✨My role as Division Manager for South Texas at Asset Preservation allows me to combine my extensive knowledge of 1031 exchanges with my passion for helping people—walking them through the process and ensuring they feel confident every step of the way. What I love most about working at API is being part of a company that truly values education, service, and strong relationships. Outside of work, I enjoy spending time with my husband and our four kids. We love to travel and make the most of our time together as a family." 🏖️ 👉 Whether you're curious about 1031 exchanges or just want to learn more about your options, I’m here to help! Let’s connect— ☎️ (512) 318-4013 💬📩 #1031Exchange #AssetPreservation #SouthTexasRealEstate

UPCOMING LUNCH & LEARN - LIMITED SEATS AVAILABLE! 1031 Exchange Solutions & Investing in Private Placements A Presentation for Financial Professionals and Other Professionals Thursday, April 17th, 11:30 AM - 1:00 PM. 1855 S. Lindbergh Blvd. 63131 This presentation provides an overview of the IRS Section 1031 Exchange. It also summarizes the concept of ‘like-kind’ real estate, the DST, advantages of owning commercial real estate through fractional ownership, passive income and passive losses, and Substitute 1099 & 1098 reports. Examples of 1031 exchanges are also provided. Please call me to reserve your spot! 314-651-3496 Asset Preservation, Inc. #lunchandlearn #diversification #realestate #estateplanning #financialadvisor #commercialrealestatebroker #familyoffice

⏳ Tax season is upon us! 💸📅 If you completed a 1031 exchange in 2024, consult your accountant about filing IRS Form 8824 to maximize your tax deferral benefits. You can easily access and download the form from our website here: https://lnkd.in/gZPbXj8T #1031Exchange #InvestmentProperty #TaxSeason #AssetPreservation

What Costs Can Be Considered Acceptable Exchange Expenses? WHAT COSTS CAN BE DEDUCTED? A question taxpayers frequently ask is “What expenses can be deducted from the 1031 exchange proceeds without resulting in a tax consequence?” Although the IRS has not published a complete list of qualifying expenses, there are some rulings that provide general parameters for guidance. Brokerage commissions can be deducted from the 1031 exchange proceeds (Revenue Ruling 72-456). Other transactional costs may also be able to be deducted if they are paid in connection with the exchange. (Letter Ruling 8328011). WHAT ARE “EXCHANGE EXPENSES?” Transactional costs that are referred to as “exchange expenses” on IRS Form 8824 are not specifically listed but should generally include costs that are: 1. A direct cost of selling real property which typically includes: - Real estate commissions - Title insurance premiums - Closing or escrow fees - Legal fees - Transfer taxes - Notary fees - Recording fees 2. Costs specifically related to the fact the transaction is a 1031 exchange such as the Qualified Intermediary (QI) fees. ITEMS THAT ARE NOT “EXCHANGE EXPENSES” Although not an exhaustive list, the costs related to obtaining the loan should generally not be deducted from the 1031 exchange proceeds. “NON-EXCHANGE EXPENSES” INCLUDE: -Mortgage points and assumption fees -Credit reports -Lender’s title insurance -Prorated mortgage insurance -Loan fees and loan application fees OTHER “NON-EXCHANGE EXPENSES” CAN INCLUDE: -Property taxes -Utility charges -Association fees -Hazard insurance -Credits for lease deposits -Prepaid rents and security deposits These rough guidelines do not address every potential cost or expense. Taxpayers should always review their specific transaction and closing costs with their tax and/or legal advisors. Call me today for a FREE consultation (704) 890-3629 or mike@apiexchange.com Asset Preservation, Inc. #1031exchange #education #investmentrealestate #buildyournetworth #investmentstrategy #realestateexchange

You can use a 1031 exchange to swap properties across state lines! 🌎 Whether you’re looking to move your investment from one city to another or even from one state to a completely different market, a 1031 exchange allows you to diversify your real estate portfolio across different locations, tapping into new opportunities nationwide. 💬 Would you consider investing in real estate across different states? What areas are you interested in? #1031Exchange #AssetPreservation #TaxDeferral #RealEstateInvesting

Get your tickets today for the 1st Annual Southeast Annual Real Estate Expo in Greenville, SC on May 28th-29th! I will speaking on the 29th in Huguenot Mill at 11:35am! https://lnkd.in/ecz56fZS Any questions you have please feel free to reach out! (704) 890-3629 or mike@apiexchange.com Asset Preservation, Inc.

🌟 Thank you for the fantastic review! 🌟 At API, we’re all about clear communication and attention to detail, making sure your experience is as smooth and stress-free as possible. Let’s make your next #1031Exchange journey effortless—contact us today! #ClientLove #AssetPreservation #RealEstateInvesting