Real estate investment would be a joy if properties could be unloaded at the press of a button. Unfortunately, commercial real estate investment sales 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.
Selling property is a great way to avoid capital loss and maximize capital gain. When you work with the Hokanson team, we learn about your situation and work with you to build a strategy tailored to your requirements and identify a direct path to an investment sale. Experience enhanced communication between all stakeholders to yield a great deal!
We have thrived in commercial real estate investment for decades. We keep up with the latest market trends and modify our processes to suit your objective.
When you decide to sell a 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 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.
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 completing 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 is 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.
What are the key factors to consider when selling a commercial investment property?
Understanding the current market conditions, including demand and competition, can significantly impact your commercial real estate investment sale. At Hokanson, we guide you through these factors, ensuring a well-timed sale, accurate property valuation, and strategic tax planning to maximize your ROI.
How can I minimize the tax impact when selling my commercial property?
Minimizing the tax impact when selling a commercial property often involves strategies like a 1031 exchange, which allows you to defer capital gains taxes by reinvesting the proceeds into a similar property. Hokanson specializes in facilitating 1031 exchanges, helping you navigate the process smoothly so you meet all requirements to maximize your tax deferral benefits.
What is the best way to market my commercial property for sale?
The best way to market a commercial property for sale is through a multi-channel approach that includes online listings, direct outreach to potential buyers, and tapping into a network of real estate professionals. Hokanson’s marketing strategy is tailored to your property, using our industry connections and expertise to effectively promote your listing and secure a favorable sale.
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.
