What is Fee-Simple Property?
How Does It Work?
Fee-Simple Property is not limited to property owned by a single investor. Often Fee-Simple Property is owned in a co-ownership arrangement such as a multiple member LLC, partnership or Tenant-in-Common arrangement. These co-ownership arrangements must be considered and potentially restructured when Exchanging into or out of a property, if the owners want to go different directions. We work extensively with co-owned properties to ensure the entity and transaction is structured in a tax-efficient manner and can best address the objectives of the owners.
Benefits of Fee-Simple Property
- Selling stabilized properties to Exchange into properties with value-add potential
- Consolidating multiple properties into a single, larger property
- Exchanging into multiple smaller properties for diversification or estate planning purposes
- Exchanging into single-family rental properties to be eventual primary residences or vacation homes