CCIM – Certified Commercial Investment Manager – Commercial Real Estate Designation

Why Hire a CCIM for your Next Real Estate Investment?

Doug Sullivan of SEPA Florida is a Certified Commercial Investment Member (CCIM). For more than 50 years, the CCIM Designation remains the gold standard for commercial real estate professionals. Doug Sullivan, President of SEPA Florida is brokered by eXp Commercial and has access to a global referral network of advisors that can connect you to the right investment opportunities anywhere in the USA. SEPA Florida Commercial Advisors have local, regional, and global expertise, leveraging robust market intelligence, tools, and technology to meet your investment needs.

10 percent of real estate are ccim
42 percent more transactions
67 percent are owners

Why Consider A 1031 Exchange?

A 1031 exchange can be used by experienced real estate investors as a legal way to defer capital gain taxes on your investment properties.

1031 Exchanges are named for the IRS Section 1031 of the IRS’s tax code and allow an investor to sell a property and reinvest the proceeds in a new property to defer capital gain tax. A 1031 exchange is a great way for savvy real estate investors to build wealth. Regardless of whether you’re a new or veteran investor, it’s always important to review the current qualifications and stipulations to understand the complexities.

Section 1031 Basics

1031 TimelineYou must adhere to specific rules and timelines with a 1031 tax exchange or the gain on the sale of your property may become taxable:

  • Proceeds from the sale must be held in escrow by a third party, then used to buy the new property; you cannot receive them, even temporarily.
  • You have 45 days after the sale of your relinquished property to find potential replacement properties. You must do so in writing and share it with the seller or your qualified intermediary.
  • You must close on the replacement property within 180 days of closing on the relinquished property or after your tax return is due – whichever is earlier.

The numerous and complex moving parts require not only an understanding of the rules but also professional help, even for experienced investors.

Whether You Are Buying or Selling Real Estate Property, or Both

Call SEPA Florida brokered by eXp Commercial for a Consultation.