Universal Pacific 1031 Exchange is offering a free assessment tool and no strings attached free consultations to Real Estate Investors.
(PRUnderground) October 23rd, 2024
Universal Pacific 1031 Exchange, a leading provider of 1031 exchange services, based in Los Angeles, is excited to share the expansion of its services designed to support real estate investors across the country. With new tools and resources, the company seeks to educate property owners on the advantages of 1031 exchanges—an often-overlooked tax-deferral strategy that can greatly enhance investment success and maximize investment potential.
What Is a 1031 Exchange?
Under Section 1031 of the Internal Revenue Code, a 1031 exchange is a tax-deferring transaction that allows investors to defer capital gains taxes when they sell an investment property and reinvest the proceeds into a new “like-kind” property.
Why Is it Beneficial?
By deferring capital gains taxes, investors can leverage more capital to invest in higher-value properties, diversify their portfolios, or boost cash flow.
Who Can Benefit?
Any investor or business owner selling real estate held for investment or business purposes can take advantage of a 1031 exchange.
“Many property owners don’t realize they have this powerful tool at their disposal,” said Michael Bergman, President & CEO of Universal Pacific 1031 Exchange. “Our mission is to simplify 1031 exchanges and help investors make informed choices that go with their financial goals.”
New and Improved Services for Investors:
Universal Pacific 1031 Exchange provides different 1031 exchange options for various investment needs and timelines. The types of exchanges include Delayed exchanges, Simultaneous exchanges, Reverse exchanges, and Improvement exchanges.
The company website now has a user-friendly interactive live chat and quick assessment tool that gives you immediate assistance and connects visitors with experts for free consultations.
In addition, it provides free consultation, interactive video meetings, and an extensive resource library, designed to help you understand best practices, current market trends, and changes in the regulations that may affect your 1031 exchanges.
Serving Clients Nationwide:
Though based in Los Angeles, Universal Pacific 1031 Exchange proudly serves clients across the U.S., including major cities like:
- California: Los Angeles, San Francisco, San Diego, San Jose, Sacramento, Oakland, Long Beach, Fresno
- Texas: Houston, San Antonio, Dallas, Austin, Fort Worth, El Paso, Arlington
- Florida: Miami, Tampa, Jacksonville, Palm Beach
- New York: New York City
- And many more across Arizona, Illinois, Pennsylvania, Washington, Colorado, and other states.
Empowering Property Owners with Knowledge
The addition of live chat and quick assessment tools marks a major development in client engagement. Property owners can now interact in real-time with knowledgeable professionals who can answer questions, provide guidance, and schedule free consultations.
“We understand that navigating real estate investments can feel overwhelming, especially when you’re unfamiliar with options like 1031 exchanges,” added Michael Bergman, President & CEO. “By offering quick access to expert advice, we’re helping property owners learn about opportunities they might not have been aware of otherwise.”
The company’s commitment to education is further showcased through its expanded offerings of 1031 exchange free consultations, quick assessment tool, video meetings catering to both beginner and experienced investors.
About Universal Pacific
Complete your 1031 exchange with the expertise of our licensed CPA professionals. Universal Pacific 1031 Exchange offers dedicated personal service, timely email and text reminders, & transparent processing.
Safeguarding exchange funds is our priority. We follow a simple yet very stringent process of keeping exchange funds secure.
Upon the sale of the relinquished property, all exchange funds are wired from the sale escrow and held in a Universal Pacific 1031 Exchange segregated bank account. Upon purchase of the replacement property(ies), all exchange funds are wired back to the purchase escrow from the Universal Pacific 1031 Exchange segregated bank account upon written authorization from exchanger to release those funds.
Universal Pacific 1031 Exchange carries $2 million of Errors and Omissions insurance.
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Original Press Release.
