Investment Opportunities
1031 Exchange
We encourage you to consider a vacation or second home as it qualifies for IRC 1031 treatment. There are a lot of benefits to consider as this solution offers real estate investors one of the last great investment opportunities to build wealth and save taxes. If you are considering the sale of an investment property such as apartment complexes, office buildings, shopping centers or land, a 1031 Exchange is the IRS authorized method to defer paying the capital gains and depreciation recapture taxes associated with the sale. As the nation’s largest 1031 Intermediary, IPX1031 provides you and your clients expertise and industry leading security for your clients’ exchange funds.
Reasons to Exchange:
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Defer Taxes: Up to 30-40% of the gain.
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Diversify Portfolio: Consolidate or diversify your real estate investments.
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Increase Purchasing Power: Leverage tax savings for greater investments.
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Expand Nationally: Enter new real estate markets across the country.
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Build Wealth: Preserve and build long-term wealth.
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Estate Planning: Effective for heirs with stepped-up basis.
Important Concepts:
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Equal or Greater Value: Purchase property of equal or greater value.
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Full Equity Use: Reinvest all equity and replace the value of debt.
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45-Day Identification: Identify Replacement Property within 45 days.
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180-Day Completion: Complete the purchase within 180 days.
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Maintain Same Taxpayer: Consistency in taxpayer throughout the exchange.
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Exchange Types: Facilitates Simultaneous, Delayed, Reverse, and Build-to-Suit exchanges.
Your 1031 Resource:
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Document Preparation: Fast and efficient for last-minute exchanges.
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Expert Team: Access to IPX's legal, tax, and 1031 experts.
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Smooth Process: Collaboration with your tax advisors for a seamless experience.
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Professional Education: Complimentary 1031 presentations for continuing education.
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Industry Updates: Stay informed with key industry information.
Why Choose IPX1031?
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Trusted Provider: Backed by FORTUNE 500 Fidelity National Financial .
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Experience: Over 30 years in the Exchange industry.
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Qualified Experts: Attorneys and Certified Exchange Specialists® to assist.
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Comprehensive Services: Full Service Qualified Intermediary with nationwide locations.
Resources
Renting
Renting as an Investment at Cortez on the Water
Investing in a unit at Cortez on the Water offers a unique opportunity to capitalize on luxury nautical living while generating rental income. Here are the key benefits:
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Prime Location: Situated on Anastasia Island, just a mile from St. Augustine's historic district, providing high rental demand.
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Luxury Amenities: Each unit includes a private boat slip, elevator, community pool, and spacious living areas with 4 bedrooms and 3.5 bathrooms.
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Professional Management Services: Comprehensive support including marketing, maintenance, and guest services to maximize your rental income.
Why Invest?
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High Rental Demand: Attract tenants with a prime location and luxury features.
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Stress-Free Management: Let us handle all aspects of renting your property.
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Maximized Returns: Benefit from optimized rental rates and strategic advertising.
Transform your unit into a lucrative rental investment with Cortez on the Water.
Working with a Marriott Partner
Travel lighter with 24/7 support, seamless arrivals, and premium home essentials.
Private homes that are professionally cleaned and inspected.
Trusted Standards
Worry Free Travel
Earn and redeem Marriott Bonvoy points on summer vacation homes.
Unparalleled Loyalty
About the Proper Group
The Proper Group is a leading vacation rental management company known for its exceptional service and dedication to maximizing rental income for property owners. With a focus on providing top-tier marketing, professional maintenance, and comprehensive guest support, The Proper Group ensures a seamless and profitable rental experience.Preferred Partner of Cortez on the WaterCortez on the Water is proud to partner with The Proper Group, leveraging their expertise to offer unparalleled vacation rental management services to our property owners. By choosing The Proper Group, you can rest assured that your investment is in the best hands, ensuring high occupancy rates, optimal rental pricing, and satisfied guests.For more information, visit The Proper Group.
