Build, Improve and Reinvest With a Strategic 1031 Exchange
An Improvement 1031 Exchange, sometimes referred to as a construction or build-to-suit exchange, allows investors to use exchange proceeds toward improvements to a qualifying replacement property.
Rather than simply purchasing an existing property, this strategy can allow investors to acquire a property and make qualifying improvements as part of their overall 1031 Exchange strategy.
What Is an Improvement Exchange?
An Improvement Exchange can be structured when an investor wants to use exchange proceeds to improve, renovate, or construct a replacement property.
The exchange must be carefully structured and completed within applicable 1031 Exchange requirements and deadlines.
Potential Applications
An Improvement Exchange may be used for:
- Property renovations
- New construction
- Building improvements
- Property expansion
- Capital improvements
- Development of a replacement property
Why Consider an Improvement Exchange?
Customize Your Investment
Create a property that better fits your investment objectives.
Put Exchange Capital to Work
Potentially use exchange proceeds toward qualifying improvements.
Increase Property Utility
Improve the functionality, income potential, or long-term value of the replacement property.
Align Your Investment With Your Strategy
Build or improve an asset around your long-term goals.
Explore an Improvement Exchange
Discuss your property, improvement plans, and exchange objectives with Aspen 1031.
Explore an Improvement Exchange
Discuss your property, improvement plans, and exchange objectives with Aspen 1031.