In 2024, Hilliker and Westwood agents successfully assisted clients with over 20 completed 1031 Exchange transactions. So far in 2025, we’ve already completed 10 more—a testament to our expertise in this area.
Why Consider a 1031 Exchange?
Real estate values are up, and many of our sellers are realizing substantial profits. Without proper planning, those profits are subject to long-term capital gains tax and depreciation recapture (a commonly overlooked tax liability). However, by using a 1031 Exchange, our clients are deferring these taxes—allowing them to keep more of their money working for them.
How It Works
- When you sell property that has been depreciated for years or has significantly appreciated, taxes are triggered.
- With a 1031 Exchange, you can sell for a profit and roll those proceeds into another qualifying property, deferring both capital gains and depreciation recapture taxes.
- To qualify, the exchange must be set up before the sale closes—waiting too long can cause missed opportunities or costly mistakes.
- That’s where your expert Hilliker or Westwood agent steps in to coordinate the process seamlessly.
Broad Investment Options
You can use a 1031 Exchange to acquire nearly any investment or commercial real estate. For example, last month we helped a client sell a $1.5 million office building in St. Louis and exchange into a $2 million investment condo in Park City. The result: a successful exchange, a happy client, and greater long-term wealth.
📞 Call your trusted Westwood Net Lease Advisor or Hilliker Corporation agent today to discuss how a 1031 Exchange could work for you.