West Palm Beach, FL (PRWEB) October 30, 2013
High net worth investors seeking income-producing replacement properties in Florida can now leverage the expertise and guidance of leading Florida commercial real estate brokerage Income Realty Advisors, Inc.
The net lease property markets changes rapidly—and while the internet does offer endless search options, it does not filter that data. Many websites have listings several years old and filled with errors, omissions and sometimes false information.
Worse, in addition to a high probability of being outdated, many online NNN property listings have already been shopped around, advised Patrick Moorton, president of Income Realty Advisors. Investors have a far better chance enlisting guidance from an industry professional that can access deals directly from developers and brokers who have not broadcast them across the internet.
“The internet is not the best source of information for up-to-date leads. Our clients know what they’re looking for and need help gathering information on properties that meet their specific investment criteria,” Moorton said. “These investors don’t have time to waste scouring the internet for potentially elapsed opportunities. Our service is for serious investors who want a professional with thousands of industry contacts to help them discover solid prospects.”
Moorton specializes in 1031/ tax deferred exchanges—a proven means for high net worth investors to reinvest in ‘like kind’ properties and defer federal income taxes. When investors sell a property in a high tax state and reinvest in a state with no personal income tax, like Florida, state tax savings are often substantial.
Single tenant net leased properties with national credit worthy tenants are a safe, reliable investment alternative that has long been favored by insurance companies, real estate investment trusts, and high net worth individuals.
For investors seeking steady, passive cash flow with the tenant paying most or all expenses , Florida NNN properties are ideal and feature long-term leases with little or no management responsibility. The tenants, Walgreens, CVS and 7-Eleven for example, are public companies with excellent credit ratings. These properties are made even more lucrative with the tax-savings investors will realize in Florida, one of seven US states with no personal income tax.
“Savvy investors are selling income producing properties in high tax states and reinvesting in Florida through 1031 exchanges to defer federal income tax and capitalize on Florida’s investor friendly personal state income tax rate: zero,” Moorton advised. “1031 Exchange is a powerful tool for building and preserving wealth.”
For more information on Florida 1031 Exchange properties and Moorton’s buyer’s brokerage service, visit http://www.nnn1031exchange.com or contact Patrick Moorton at Patrick(at)nnn1031exchange(dot)com.
About Income Realty Advisors:
Florida Based Commercial real estate brokerage company Income Realty Advisors Inc. sells income-producing real estate in Florida and offers brokerage services for 1031 exchange buyers seeking Florida commercial real estate. The firm specializes in retail site selection and the sale of single tenant net lease properties with national credit tenants. Clients include developers of Publix, Whole Foods, Walgreens, CVS, 7-Eleven, TD Bank, Chase Bank, High Net Worth Individuals, Insurance Companies, Retailers and Real Estate Investment Trusts.
Featuring commercial income property for sale in Florida, our long-standing relationships with real estate developers, investors, brokers, and real estate investment trusts give us inside access to a constant pipeline of high quality projects. Contact us today to discuss your real estate needs.