Real estate investment would be a joy if properties could be unloaded at the press of a button. Unfortunately, the sale of investment property is a sophisticated and time-consuming process. Inexperienced real estate investors may struggle to establish a predictable and straightforward path to selling a rental property. Similarly, selling leased assets is challenging when you’re a senior manager with other critical duties.
Hokanson is a seasoned real estate provider with the resources and expertise to guide your real estate investment projects. We have more than eight decades of experience in the industry, and we apply our knowledge to structure your investment property sale and deliver a substantial capital gain. Our professionals understand the current property market and effectively promote your property across multiple channels to attract buyers and secure a beneficial sales price.
Pursuing and securing investment property is complicated and often risky. Hokanson’s commercial real estate professionals offer custom solutions to your greatest obstacles.
There are many reasons you may consider selling your rental property. If you want to take advantage of the appreciation of your commercial real estate or improve your portfolio, selling property is a great way to avoid capital loss and maximize your long- or short-term capital gain.
When you work with the Hokanson team, we learn your situation and work with you to build a strategy tailored to your requirements and identify a direct path to an investment sale. There are many moving parts and ongoing processes to manage in an investment property sale, and we’re here to enhance communication between all stakeholders to yield a solid deal.
We’re a full-service real estate provider. If your interests extend beyond the sale of investment property, we’re prepared to assist you with new real estate acquisitions, construction management, or ongoing commercial property maintenance.
Hokanson Companies, Inc. has thrived in corporate real estate for decades. We keep up with the latest market trends and modify our processes to suit your objective.
Holding on to your rental property may have supplied you with a significant revenue stream through the years. However, when you decide to sell the property, you must be prepared to deal with long-term capital gains tax liabilities that may impact your windfall. Depending on your income, your long-term capital gain tax rate (as of 2022) can vary from 0%, 15%, or 20% of the profit.
You must account for short-term capital gains tax if you own a property for less than a year before considering an investment property sale. Your ordinary income bracket determines capital gains tax. Understanding your capital assets and liability for the tax year can be a headache when you have an organization to run. Hokanson has helped companies clear commercial real estate hurdles since 1938—paying capital gains tax may be inevitable, but we can make it painless.
Real estate investors can defer paying capital gains taxes with Section 1031 of the tax code. The rule allows investors to sell property while purchasing another asset of a similar nature and settle the tax bill after the transaction is complete. These like-kind properties don’t need to be the same type—as long as both assets generate income, they qualify under Section 1031.
You have 45 days from the completion of an investment sale to secure a replacement property, which must close within 180 days. If you miss the deadline, you will pay according to the entire capital gains tax rate upon selling your primary asset.
Hokanson can help you locate and secure a like-kind property that satisfies the Section 1031 requirement. We match 1031 exchange buyers to our listings and ensure you meet the deadline for a successful investment property sale.
Our team can help you navigate Section 1031 properties like the following:
Hokanson Companies, Inc. is a full-service real estate provider. We deliver effective solutions to help you master the shifting property market. We’re eager to start a partnership with you.
