1031 Reverse Exchange Rules in Ohio


Timing is everything when it comes to making a good property investment, and sometimes a deal on a commercial property is too good to pass up. Seasoned property owners and investors know this, but they also know that it’s not always possible to sell a current property before taking ownership of another.

What is an Ohio 1031 Reverse Exchange
A 1031 reverse exchange is a tool that allows real estate investors to acquire a new property before relinquishing control over a current property and utilizing the exchange proceeds. Whereas a traditional 1031 exchange requires investors to sell a property first, reverse exchanges allow them to hold onto a property and sell it later.
1031 reverse exchanges are a smart way to minimize the price you pay for a new property while maximizing the price you receive when selling your current property. If you own a commercial property, such as a multifamily home, but do not want to sell it right away because of market conditions, you will be able to hold onto it while investing in another property with a reverse exchange. It’s a beneficial process for when property values are low, favoring buyers over sellers.

Who Can You Contact?
There are many capital partners who can help you setup a 1031 reverse exchange, and Brown Multifamily advisors can help direct you towards companies who can help you with the process. If you are looking for commercial properties for sale in Ohio, get in touch with our team to find out what’s available in your area.

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