Dairy 1031 Exchange

Sue owned a dairy farm and the land in Ontario, CA but was offered a very high price for the land by a home developer. The goal was to profitably sell the land via 1031 exchange and move the dairy operations to leased land elsewhere in Ontario.

Solution:

The clients determined they wanted to do a portion of their exchange into traditional properties and reinvest the remaining proceeds into DSTs and TICs. They purchased grocery-anchored retail facilities in Illinois as well as apartments in Louisiana. One of the offerings provided a financing cash-out so as to bring additional liquidity for running the dairy business. The clients now have a highly-diversified income stream and real estate portfolio where some is passively managed and others they control on their own.

1031 Dairy Exchange

A 1031 Exchange can provide a tax savings opportunity for dairy owners. Sellers of dairies can benefit from tax deferral under Internal Revenue Code Section 1031.

For more information on Dairy 1031 Exchanges, contact 1031 DST Solution presented by Corcapa 1031 Advisors (949) 722-1031 for detailed information of how you can benefit from a 1031 Exchange.