Brand New Office Space in the Gulch
We are thrilled to announce our brand-new office location in the Gulch! This exciting expansion marks a significant milestone for MST as we extend our presence to better serve our agents. The Gulch, known for its atmosphere and energy, provides the perfect backdrop for our new space. We look forward to creating a collaborative and innovative environment that will empower our agents and foster success. Reach out to us to set up a meeting to check out the space!
1033 Demonbreun Street, Suite 300
Nashville, TN 37203
Keys to Success: Yvette’s Monthly Title Tip
1031 Trends for 2024
- As long as interest rates are relatively high and quality inventory is limited, Reverse, Improvement and Build-to-Suit Exchanges will continue to be popular.
- Traditional financing challenges will spur seller financing with sellers utilizing 1031 Exchanges to maximize this strategy.
- Most CRE asset classes including multifamily, industrial, and retail are poised for strong activity utilizing 1031 Exchanges to defer taxes.
- There will be an uptick in management intensive properties being exchanged into passive types of investments such as NNN and DST’s.
- Cities and States that are not landlord/investor friendly will continue to see money being 1031 Exchanged into more real estate friendly areas.
- There will be growing 1031 opportunities in pro ADU states for homeowners with rental ADUs. An accessory dwelling unit, usually just called an ADU, is a secondary housing unit on a single-family residential lot. When these properties are sold, the taxpayer may use the profits from the ADU to exchange, tax deferred, into another type of investment property.
- We will continue to see investors exchange into areas that have warmer climates, low cost of living/lower taxes and are retirement friendly.
Info provided by key partner – Luke Hays, Vice-President with IPX1031
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