Asset Preservation, Inc.

Did you know that Asset Preservation, Inc. is a NATIONAL Qualified Intermediary? Our headquarters are in Roseville, CA but we have an East Coast Hub and offices sprinkled about the country serving investors across the United States. With online platforms like Zoom & Teams, we are able to reach everyone. Yesterday, I had the pleasure of training Financial Advisors online in markets all over the country! #API #1031Exchange #QualifiedIntermediary

Daylight Savings is this Sunday, March 9th—time to "spring forward" and gain more daylight! It's a great reminder that time is ticking on your 1031 exchange! As we adjust our clocks, make sure you’re staying on top of your 1031 exchange deadlines: ⌛ 45-Day Rule: You have 45 days to identify your replacement property. 🕒 180-Day Rule: You must close on your new property within 180 days of selling your relinquished property. Need help staying on track? We’ve got you covered! 📞 800.282.1031 #SpringForward #1031Exchange #AssetPreservation #TaxSavings

🌟 We love helping our clients with their 1031 exchanges, and it’s great to hear that our team’s expertise made a difference. Thank you for trusting us! 🙏 Reach out today to see how we can assist with your 1031 exchange! 📞💼 800.282.1031 #AssetPreservation #1031Exchange #Testimonial #RealEstateInvesting

Cost segregation and tax-deferred exchanges under IRC Section 1031 are two valuable tax-planning strategies available to commercial real estate owners today. Section 1031 exchanges permit a taxpayer to defer taxes that would otherwise be generated on a sale of an investment property, and, as explained below, cost segregation studies can generate accelerated depreciation benefits that help increase after-tax cash flow earlier in the ownership period. With proper tax planning, both tax strategies can be used on the same property to obtain better available tax benefits. Commercial real estate owners can utilize a cost segregation study to increase current depreciation deductions on newly acquired improved real property and property that may already have been placed in service. In the absence of cost segregation, certain equipment associated with the property is lumped together with fixtures and classified as "improvements." Improvements to real property are generally depreciated using the straight-line depreciation method over periods as long as 39 years. By engaging a cost segregation expert, certain equipment associated with improvements are carved out and more accurately classified as property eligible for accelerated depreciation. Using cost segregation, depreciation recovery periods for certain items associated with the property can be reduced to a period as short as 5 years. Moreover, by reclassifying such property, a taxpayer may be able to use an accelerated depreciation method available under current tax law. In general, a shorter depreciation recovery period will generate larger depreciation deductions in the early years of ownership. Increased deductions reduce taxable income and can generate significant cash flow benefits. RELATIONSHIP BETWEEN COST SEGREGATION AND 1031 EXCHANGES -Both strategies can be used on the same property. -Both techniques are used to defer taxes and, therefore, improve cash flow. -Both can be performed on every type of commercial property held for investment. -Both encompass complex areas of tax law and necessitate the use of specialists. TAX PLANNING AND CONSIDERATIONS A cost segregation proposal will help the building owner and taxpayer determine if a study will be beneficial for the replacement property in a 1031 exchange, given the carryover tax basis. In general, cost segregation studies are most advantageous when the building has a basis greater than $1million. Taxpayers who choose to proceed with a cost segregation study should also plan for the possibility of future depreciation recapture which may generate taxes in a later sale. Call me today to discuss further (704) 890-3629 or mike@apiexchange.com Asset Preservation, Inc. #1031exchange #education #buildyournetworth #investmentrealestate

Real estate professionals, don’t miss this opportunity to network, enjoy brunch, and gain expert insights on tenant-occupied properties at our next Business Brunch! 📅 Date: Tuesday, March 19, 2025 📍 Location: 1333 33rd St, Sacramento ⏰ 10:00 AM - Networking | 11:00 AM - Realtor Presentation This month’s topic: Listing, Selling, and Exchanging Tenant-Occupied Properties: Do’s, Don’ts, and Horror Stories featuring: ✅ Keith Dunnagan – Managing Partner, BPE Law Group ✅ Jana Reyes – Vice President, Asset Preservation, Inc. Plus, Olivia Barrett of GUIDE Real Estate will provide a brief overview of her active listing at the event. ☕ Coffee courtesy of Property ID RSVP today! Call 916-966-2260 or register here: https://lnkd.in/gMBUK8df #BusinessBrunch #RealEstateNetworking #BPELawGroup #TenantOccupiedProperties #SacramentoRealEstate #1031Exchange

Excited to be at the COMO Mastermind later this week. The speaker line up is 🔥 https://lnkd.in/gfKvhJBF Asset Preservation, Inc. #mastermind #1031exchanges

🏓🎉 Join Us for the 2nd Annual Patriot Pickleball Tournament Fundraiser! 🎉🏓 API is thrilled to sponsor this exciting event, where fun, competition, and community come together! The evening will feature: 🍸 Drinks & appetizers 🛍️ Silent auction & 50/50 raffle 👑 King & Queen Pickleball Ceremony This is a can't-miss event for pickleball lovers! 🙌 📅 Save the Date: March 9th 📍 Missouri Pickleball Club ✅ Register Here: https://bit.ly/4hrj0Tu Greg Schowe #PickleballTournament #MissouriPickleball #AssetPreservation

🎉 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.