Georgia is recognized for Peaches, Stone Mountain, the beautiful Atlanta skyline, and profitable single-family rental opportunities. Different categories of industries are boosting the Georgia economy, including tourism, transportation, manufacturing, textiles, and agriculture. Let’s analyze why a 1031 Exchange in Georgia will be a desirable option.
Georgia is one of the fastest growing economies in the nation and is home to over twenty Fortune 500 companies such as UPS, Home Depot, Coca-Cola, Delta, HD Supply, Aflac, and SunTrust Banks.While the variety of industries is a definite sign of a thriving economy, this is further confirmed by the significant employers in Georgia and the state’s massive $435 billion GDP. These employers include the state of Georgia, WellStar Health System, Fort Benning, Emory University, Georgia Power Company, and Lockheed Martin.
Investors are approaching Georgia for real estate opportunities because of the healthy economic conditions, which in turn is attracting skilled workers to the state. Although there are profitable real estate markets throughout Georgia, some of the most active markets include Atlanta, Augusta, Columbus, Savannah, and Macon.
If you opt for a 1031 Exchange, you should understand the basics of 1031 exchange. 1031 Exchange enables an investor to sell a property and reinvest the gains in a brand-new property and to defer all capital gain taxes.
In Georgia the process of 1031 exchange can be tricky. Search our large selection of Georgia 1031 Exchange Properties for sale. We at 1031Xchange have expert advisors with extensive experience in managing highly profitable exchanges for our diverse client base.
For consultation and assistance in Georgia regarding 1031 exchange call – 888-993-0590 or email us at info@1031xchange.com
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IRC Section 1031, IRC Section 1033, and IRC Section 721 are complex tax codes; therefore, all the investors/clients/consumers are advised to consult their tax and legal professional for details regarding their situation on any kind of investment. There are material risks every investor should know, associated with investing in 1031 Exchange properties, Delaware Statutory Trust (DST) and any other kind of Real Estate Properties. The risks include tenant vacancies; declining market values; potential loss of entire investment principal; that past performance is not a guarantee of future results; that potential cash flow, potential returns, and potential appreciation are not guaranteed in any way; adverse tax consequences and that real estate is typically an illiquid investment. This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Such offers can be made only by the Confidential Private Placement Memorandum. Please be aware that this material does not replace the PPM.