Asset Preservation, Inc.

🎉 Celebrating 35 Years of Excellence in 1031 Exchanges! 🎉 We’re beyond excited to celebrate 35 years of helping investors like YOU achieve success through 1031 exchanges! 🏡✨ It’s been an incredible journey, and we couldn’t have done it without your trust and support. In this special edition of our eNewsletter, we’re sharing exciting updates, exclusive webinar opportunities, and essential 1031 exchange insights to keep you ahead in your real estate journey. 🔑 Here's to many more years of success and growth together. ✨ Check out the latest issue today! https://lnkd.in/gGMGiQKG #AssetPreservation #1031Exchange #RealEstate #35YearsOfExcellence #35YearsStrong

Proud to be a preferred partner of Sacramento Real Producers. API is honored to serve and uplift organizations with our expertise in 1031 Exchange. We are ready to assist anyone navigating the exchange process. #API #1031Exchange #REALProducers

Why Taxpayers Can’t Have Access to Exchange Funds In a 1031 exchange, U.S. Treasury Regulation, Section 1.1031 (k)-1(g)(6) places restrictions that limit the taxpayer’s ability “to receive, pledge, borrow, or otherwise obtain the benefits of money or other property before the end of the exchange period…the taxpayer may have rights to receive, pledge, borrow, or otherwise obtain the benefits of money or other property upon or after - (A) The receipt by the taxpayer of all of the replacement property to which the taxpayer is entitled under the exchange agreement, or (B) The occurrence after the end of the identification period of a material and substantial contingency that - (1) Relates to the deferred exchange, (2) Is provided for in writing, and (3) Is beyond the control of the taxpayer and of any disqualified person (as defined in paragraph (k) of this section), other than the person obligated to transfer the replacement property to the taxpayer.” What is the impact of G(6) restrictions? Although a thorough discussion is beyond the scope of this update, the following are some practical considerations: 1. The qualified intermediary cannot release exchange proceeds during the 45-day identification period -- unless it is for a purchase or deposit on a replacement property under contract. 2. If, after the expiration of the 45-day identification period the taxpayer has not identified any replacement property(ies), the qualified intermediary can return the exchange proceeds on day 46. 3. If the taxpayer has identified replacement property(ies), is past the 45-day identification period, and would like exchange proceeds returned, the taxpayer must either: a. Close on all identified replacement property(ies); or b. Pass the 180-day exchange period in which case the exchange proceeds can be returned on day 181. In the event the taxpayer has identified replacement property(ies) within the 45-day identification period, is still within the 45-day identification period and would like to either revoke some or all of their identification and/or substitute new replacement property(ies), the taxpayer must either: (i) revoke in writing the identified replacement property(ies); or (ii) substitute replacement property by sending a written revocation and identify the substituted replacement property(ies). The taxpayer must resign the revoked and/or substituted identification and deliver it to the qualified intermediary or to the person they identified within a manner consistent with the Treasury Regulation identification requirements. Call me today to discuss further! (704) 890-3629 or mike@apiexchange.com Asset Preservation, Inc.

Asset Preservation, Inc. is committed to educating others about the benefits of 1031 Exchange. Thank you Sacramento Association of REALTORS® for having me! #API #1031Exchange

Thinking of exchanging your investment property? 💍 We’re committed to making it a smooth transition! 🏡💕🏘️ 👉 Swipe right on a better QI — DM us to start your 1031 exchange today! 😍 💘 #1031ExchangeCupid #LoveAtFirstExchange #ExchangeYourHeartOut #ValentinesDay

🎯Choosing a Qualified Intermediary (QI) for your 1031 exchange isn’t a game of chance. The right QI ensures your exchange runs smoothly, complies with IRS regulations, and protects your hard-earned investment. Here’s how to pick a winner: ✅ How long has the QI been in business? ✅ How many exchanges has the QI completed? ✅ How are the funds held? ✅ Where are the proceeds held? ✅ Does the QI have insurance coverage (letter of assurance, fidelity bond coverage, and errors & omissions insurance)? At Asset Preservation, we make 1031 exchanges easy and stress-free. No guessing games here—just trusted expertise. Ready to make the right choice? Let’s connect! 👇 #1031Exchange #QualifiedIntermediary #RealEstateInvesting #TaxDeferral

🚀 Real Estate Investors: A 1031 exchange offers a range of benefits to help you grow and protect your investments! 💼🏡 💸 Tax deferral 💰 Increased cash flow 🔀 Portfolio diversification 📜 Estate planning advantages Let us guide you through the process as your trusted qualified intermediary. Contact us today to get started and take the next step in your investment journey! 📞 800.282.1031 #1031Exchange #Taxes #RealEstate #QualifiedIntermediary

🔑 Unlock the Power of 1031 Exchanges! 🌟 Join our SVP, Scott Saunders, partnering with Stewart Title for an insightful course - February 21st, on Zoom! 📅💻 Register now and learn how 1031 exchanges can enhance your investment strategy! Don’t miss out! 🙌 🔗 Register Here: https://bit.ly/40ZgH4r #1031Exchange #RealEstateInvesting #AssetPreservation #Webinar

Love teaching eager Realtors about 1031 Exchanges. API can set up your clients exchange and guide you, and your client, through the process. Thank you Jeff Culbertson for having me!

A 1031 exchange could be a great way to defer capital gains taxes 💸 while reinvesting in like-kind properties. If you're looking to grow your investment portfolio 📈, diversify 🌎, or relocate to a better market, a 1031 exchange might be the perfect strategy. Contact us today to explore your options! #AssetPreservation #1031Exchange #RealEstateInvesting