Wolf Commercial Real Estate is a Philadelphia commercial real estate firm with the expertise and contacts to help you take full advantage of the tax benefits provided by a Philly 1031 exchange transaction. As part of our full-service representation of Philadelphia commercial real estate clients looking for the best in commercial real estate services, the team at our Philadelphia commercial real estate brokerage firm can help you through your Philly 1031 exchange.
In a Philly 1031 exchange transaction, the Internal Revenue Service allows you to postpone paying tax on the gain you realize from the sale of business or investment property, if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange. At Wolf Commercial Real Estate, we have the knowledge to provide our current and prospective clients with detailed information about how to get the best deal possible when you are selling or leasing property as part of a Philly 1031 exchange.
While your financial gain is deferred as part of a Philly 1031 exchange in a like-kind exchange, it is not tax-free. As part of your Philly 1031 exchange transaction, you can include like-kind property exclusively in your deal, or it can include like-kind property along with cash, liabilities and property that are not like-kind. By providing advice such as this to our clients, Wolf Commercial Real Estate helps you maximize the earning potential of your Philadelphia property for sale or lease. This advice is designed to help clients achieve their real estate goals because our Philadelphia commercial real estate services encompass the highest quality of service and proven expertise.
As a leading Philadelphia commercial real estate broker, Wolf Commercial Real Estate helps Philadelphia property owners sell and/or lease their Philadelphia real estate by assisting them with a Philly 1031 exchange. In that transaction, if you receive cash, relief from debt, or property that is not like-kind in such a deal, you may trigger some taxable gain in the year of the exchange. Working with the customer-focused experts at Wolf Commercial Real Estate, we can help you deal with those situations where there are both deferred and recognized gain in the same transaction. In these cases, the taxpayer exchanges for like-kind property of lesser value, keeping the business deal legal under federal tax codes.
In addition to help with a Philly 1031 exchange, the proven marketing strategy we employ at Wolf Commercial Real Estate works effectively to efficiently match buyers and tenants with available Philadelphia properties. The Philadelphia commercial real estate professionals at our Philadelphia commercial real estate brokerage firm treat your Philadelphia office properties as if they were our own and work closely with you as part of our total commitment to client-targeted relationships.
For companies and local individuals seeking Philadelphia commercial properties or commercial properties anywhere in the country, the team at our Philadelphia commercial real estate brokerage firm helps you find the office space that best meets your needs. Our Philadelphia commercial real estate experts ensure the sale or lease terms are the best fit with your commercial real estate goals. At Wolf Commercial Real Estate, we help clients from the beginning of the relocation analysis process, facilitating a smooth transition into their Philadelphia office properties. For more information about a Philly 1031 exchange or other commercial real estate transactions, please contact Jason Wolf (jason.wolf@wolfcre.com) or John Mozzillo (john.mozzillo@wolfcre.com) by calling Wolf Commercial Real Estate, a Philadelphia commercial real estate broker, at 215-799-6900.
About Us
Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers, along with helping you take advantage of Philly 1031 exchange transactions. Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.