If you follow all the rules for a full 1031 exchange and later decide to complete a cash-out refinance on the replacement property, this should not impact your tax deferral.
Commercial mortgage rates constantly change, and updating live rates is often tricky. Several factors determine commercial real estate loan rates, but the most important factors are supply and demand.
Falling tax revenue. Aging downtowns losing their vitality. Record office vacancy. A housing crisis. One strategy could tackle all of these problems in one fell swoop: a wave of office-to-residential conversions.
Inflation was a blip, and long-term ultra-low interest rates will return
These are the average available rates from eXp Commercial’s Capital Partner CommLoan database of 700+ commercial lenders as of 4/10/2023 and are provided for comparison purposes only. Actual rates are dependent on property and sponsor.
When tax season approaches, don’t forget to look for money-save tax deductions for landlords.