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Triple Net Lease
Order Triple Net Lease agreement forms for any state for as little as $12.00
A triple net lease with all costs and expenses paid for by the lessee, including, but not limited to, real and personal property taxes; fire, casualty, theft, and liability insurance; trash removal; water, gas, electricity and other utilities; repairs and maintenance and all improvements. |
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The Triple Net Lease Investment
A lease in which the lessee pays rent to the lessor, as well as all taxes, insurance, and maintenance expenses that arise from the use of the property.
A lease that designates the tenant as being solely responsible for all of the costs relating to the asset being leased.
Examples are any upgrades, utilities, repairs etc. In other words, if you lease a warehouse under a triple-net lease, then you are responsible for paying utility bills, shoveling walks, cutting grass and so on.
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1031 Exchange Froms
Order forms from a trusted source for as little as $5.00 and research 1031 tax free exchanges today. |
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A 1031 exchange is designed to accomplish one simple goal
A 1031 exchange is designed to accomplish one simple goal, to avoid taxes. But owners use 1031 exchanges for a variety of business strategies. A retail owner could use a 1031 to exchange or trade an old mall for a newer, hip shopping center. In a more complex deal, an exchange can be part of an exit strategy for a partnership.
The 1031 exchange, helps owners defer the cap gains tax they would typically pay in a property sale. Aan investor that purchases a building for $5 million and then sells it for $7 million will avoid paying $2 million in gain taxes.
To complete an exchange, property is used instead of money as the medium for the transaction, paying for the new property with the title of the traded property. Equity held by the investor in the new property must equal or exceed the equity held in the previously owned property. The main benefits of the 1031 exchange is that the investor is allowed to defer the 20% to 30% capital gains tax payments that would accompany a conventional sale.
1031 and NNN Specialists
There are specialist in the area of 1031 and triple net leases that can help guide you through your investment strategy should you need them. This site will attempt to give you as much information as possible to make your our choices and carry out your own business. We disclaim that this side is not dispensing advise on 1031 exchange processes or proceedures nor does it dispense advise on triple net lease processes or procedures.
What does "like kind" mean in a 1031 exchange?
When it comes to real estate, all forms are "like kind" to all other forms. i.e. an office building can be exchanged for a trailer park.
How long do I have to purchase the new property?
The "new" property must be acquired within 180 days of the disposal of the "old" property.
Is exchanging less than 100% of an interest allowed?
Yes. Fractional parts are allowed.
What is a "boot"?
A "Boot" is anything of value exchanged which is not "like-kind" to the relinquished property. In most cases this takes the form of either cash or mortgage debt to equalize the transaction. |
What happens when a bankruptcy occurs? |
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