Commercial real estate developers are increasingly using the EB-5 program as a way of raising capital for their development projects and entrusting NES Financial’s leading EB-5 Escrow and Fund Administration Solutions to streamline the process. When it comes to EB-5, we are the leaders in providing effective solutions designed specifically for the industry. Our team of experts continuously receives recognition from clients for being knowledgeable, responsive, and dedicated to each individual transaction that they perform. But did you know that we are also the largest provider of 1031 services in the country? Last year alone NES Financial processed more than $85 billion in 1031 exchanges.
Our experience and expertise conducting a wide range of 1031 exchanges is unparalleled. In fact, our General Counsel helped develop important 1031 guidance during her tenure at the IRS National Office in Washington, D.C.
A 1031 exchange is a great way to defer taxes by allowing you to sell property and also buy “like-kind” property within 180 days after the sale of your existing property. There are several different types of 1031 exchanges – forward, reverse, and program – that can be used across a variety of industries, including commercial real estate, aviation, oil & gas, and more. Most 1031 exchangers utilize a Qualified Intermediary to facilitate the exchange in order to help ensure tax compliance. Choosing NES Financial could make the difference between a successful exchange and an unsuccessful one.
With the year coming to an end, now is the perfect chance to engage in a 1031 exchange to reap those tax benefits this year. Contact us to find out more about 1031 exchanges and how you can use one to help meet your business needs.
What is a 1031 exchange? Find out more by downloading our 1031 exchange kit.
What is EB-5? Find out more by downloading our EB-5 Solution kit.
Allow us to address your business needs by contacting us. We look forward to hearing from you!