Equity Advantage, Incorporated

Stay tuned for something fun headed your way ?? ???#NOE #CAB Commercial Association of Brokers?NAIOP Oregon #EquityRanch #NOE #1031exchange

Yesterday, the SVN? | Commercial Advisors, LLC. Economic Forum provided key takeaways on where we stand today and what to expect moving forward in the Office, Agriculture, Industrial, Retail, and Residential Markets. Thank you to Jonathan McGuire, CPA at Aldrich CPAs + Advisors for sponsoring a table and the extraordinary panel of speakers: Salem Mayor, Julie Hoy, Tom Hoffert, CEO of the Salem Area Chamber of Commerce, Curt Arthur, SIOR and Nick Williams, CCIM with SVN Commercial Advisors LLC, Blinn Carstensen with AgWest Farm Credit, Erik Andersson with SEDCOR, Katherine Banz, MAI with Powell Banz Valuation, LLC and Eric Templeton with AmeriTitle. Through the outlook of the panel today, the theme continues of interest rates being higher than we would like to see, lack of housing keeping real estate prices high, talk of tariffs and data centers looking for hundreds of acres of land to build new facilities, there is a silver lining in that new projects are being built in Salem, OR and surrounding areas along with many incredible business partners looking for creative ways to bring vitality back to our office spaces and cities that dwindled during COVID. I also see our current environment as an opportunity for 1031 exchanges to mitigate paying large capital gains on real estate investments leaving more capital to purchase the next property. If you don’t want to manage property, there are passive investments that qualify for 1031 exchange as well. If someone has an IRA account outside of their current employer plan, a self-directed IRA is a great alternative to conventional financing. Perhaps consider using your self-directed IRA to make loans to other people? If you are looking to keep your money working for you and not be “stuck” due to the current real estate market or finances, let’s talk!?

A great weekend in Carlsbad with Troy W. Eckard and the Eckard Enterprises, LLC team! It was great to hear Troy’s vision for navigating energy investments over the next four years. Exciting times ahead, and thank you for having us! #EnergyInvestments #EckardEnterprises #FutureFocused #1031exchange #alternativeinvestments

Oregon’s Apartment Market: Finally Turning? Here is what you need to know! ???? We had the pleasure of attending Patrick Barry's Apartment Market Update last week, where he shared predictions for 2025. While demand is returning, there are many challenges Portland investors have left to face. Give us a call to learn how utilizing the 1031 Exchange could save your next transaction! Why choose a 1031 Exchange? Instead of facing taxes of a third or more on your gain with a sale of your investment property, put that money into a new investment ?? #portlandmarket #portlandapartments #ccim #ccimglobal #pdxhomes #lakeoswegorealtor

Our Exchangor was an apartment owner nearing retirement who wanted to sell their apartment building. The building had a sales price of $3 Million and had a tax basis of only $250k. Our client did not want a new property worth $3M. So after reviewing the options available and their tax consequences, our client chose to exchange out of his $3M apartment building and into a new investment home in the desert for $1M ??? By reducing the value of the replacement property from the $3M value needed for total tax deferral to the $1M replacement, there was tax exposure on the $2M spread. Our client still deferred taxes on the $750k gain between the $250k basis and the $1M replacement property, deferring several hundred thousand dollars of taxes! The bonus was that after seasoning the home as an investment, it was converted to a residence for the Exchangor’s retirement. Get what YOU want! Although 1031 exchanges have been around since the twenties there are many misconceptions in their application… The first of February brought three different exchanges to our door, two of which will be partial exchanges, which leads me back to the title above: “Get what you want”! When contemplating an exchange, many believe that exchange values must be met for an exchange to be valid, but this belief is simply wrong. Successful recession investing requires we solve problems, and sometimes a partial exchange can be the perfect solution. Give me a call today and see if the 1031 exchange is something that will work for you! #1031exchange #exchangeofthemonth #Dealofthemonth #taxdeferral #wealthbuilding

CCIM Oregon/SW Washington Chapter's Annual Apartment Market Update with?Patrick Barry?of Barry & Associates ?? Things are looking up for Oregon! Here's to?Celia Moore's first social media lesson for the chapter ?? Thanks to?John Lamont for joining us today, and we'll see you up at the mountain! #ccim?#ccimglobal?#marketupdate?#thankyou?#commercialrealestate

Join us online Wednesday, February 26th at 10 am for 1 Oregon broker hour and all you need to know about exchanging in 2025! Registration is now open at the link below ?? #1031exchange #newwebinar #registernow #joinus

?? New from the IRS ?? 1031 Exchange Deadline Extensions have been granted! If you’re doing an Exchange in Los Angeles County, the IRS has extended key 1031 Exchange deadlines due to recent California wildfires & winds (starting Jan 7, 2025). Who qualifies? ? If you are an eligible taxpayer and your 45-day ID period falls between Jan. 7, 2025, and Oct. 15, 2025, your 45-day identification deadline extends to Oct. 15, 2025. ? If you are an eligible taxpayer and your 180-day exchange period falls between Jan. 7, 2025, and Oct. 15, 2025, your 180-day exchange period extends to the later of Oct. 15, 2025, or 120 days beyond your original 180-day deadline. To see if this affects you, check with a tax pro ASAP! #1031Exchange #IRSUpdate #RealEstateInvestor #DisasterRelief

New Podcast Episode OUT NOW ??? In this episode, David Moore and Thomas Moore, better known as The Exchange Brothers, tackle the most pressing topics in real estate and tax planning. Listen on Apple Podcasts: https://lnkd.in/ggwkp5K9 Listen on Spotify: https://lnkd.in/gfxyRx8G This episode breaks down: ? C Corps vs. S Corps & HELOCs: Which structure is right for you? ? Improvement Exchanges: When are they worth it? ? IRS Disaster Extensions: What California fire victims need to know. ? Drop and Swap vs. Swap and Drop: Partnership dissolutions explained. ? Equity and Gains: Do you need equity to realize gains in a 1031 exchange? #1031exchange #podcast #newepisode #wealthbuilding #taxes #taxdeferral