A 1031 exchange lets an investor defer capital gains tax by reinvesting the proceeds from an investment property sale into like-kind real estate. The deadlines are strict: replacement property generally must be identified within 45 days of the sale and the purchase closed within 180 days. The hardest part is usually finding the right property in time.
OKCommercial, the commercial division of Rise Above Realty LLC in Edmond, helps investors sell the relinquished property and find replacement property across Edmond, Oklahoma City, and the rest of Oklahoma. Managing Broker Brad Huffman has been licensed since 2003, was named a 2023 CoStar Power Broker, and works every exchange personally.
Retail and NNN-leased buildings, office, industrial and flex, multifamily, mixed-use, and commercial or development land in Edmond, Oklahoma City, Arcadia, Yukon, Norman, Moore, and across central Oklahoma. Browse current commercial properties for sale.
Retail and NNN-leased buildings, office, industrial and flex, multifamily, mixed-use, and commercial or development land in Edmond, Oklahoma City, Arcadia, Yukon, Norman, Moore, and across central Oklahoma.
Generally 45 days from the sale to identify replacement property and 180 days to close. Confirm the rules for your situation with your qualified intermediary and tax advisor.
Before your current property sells. Starting early gives you time to find and underwrite replacement options before the 45-day identification window opens.
Yes. Rise Above Realty's commercial division, OKCommercial, searches on-market and off-market replacement property across Edmond, Oklahoma City, and Oklahoma. Call (405) 362-1660.
Land held for investment can qualify as like-kind real estate. Our land division, OKLandBrokers.com, handles acreage and development land. Confirm eligibility with your qualified intermediary.
No. We handle the real estate side and coordinate with your qualified intermediary and tax advisor, who advise on the tax rules.
6775 Boucher Dr, Suite 4, Edmond, OK 73034. Office phone (405) 362-1660.
Planning an exchange? Call Brad at (405) 362-1660 or send a message before you list.
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