Nevada
1031 Exchange Place has been serving clients from all around the country since 1997. Our experienced team is eager to assist you with your exchange, so while we hope you find the information found throughout our site helpful, we invite you to talk to an advisor by either sending us a message or giving us a call at 1-800-USA-1031.
Work with a 1031 Advisor
At 1031 Exchange Place, our advisors are here to function as advocates in your corner throughout your exchange process. Whether it’s your first exchange or your thirtieth, we want to make your experience as smooth as possible. We take the necessary time to fully understand the circumstances around your exchange and work closely with you through the process. Plus, our fees are very competitive. Whether you’re in a city like Las Vegas, Henderson, or Reno, or in a small town like Elko, our experience will help you make the most of your tax-deferred exchange. Please don’t hesitate to reach out to us with your questions!
Nevada 1031 Properties List
You may be like a lot of exchangers, and may not have a replacement property lined up for your exchange. In our many years of business, we’ve discovered that most exchangers in this situation are looking for properties that will provide them with secure monthly cash flow. Unlike most 1031 exchange companies, our chosen approach is to provide more comprehensive advisory services, we work closely with our affiliates to offer a full range of excellent 1031 properties – from a huge private network of NNN triple net lease properties, DST (Delaware Statutory Trust) investments, as well as the nation’s largest selection of Tenants-In-Common (TIC) properties. As we work with you on your 1031 exchange we’ll gain a deeper understanding of your needs and can make suggestions on how to make the most of your exchange and meet your objectives. Let us know if you need assistance locating suitable replacement property. ~ 101 Convention Center Dr, Suite 900, Las Vegas, NV 89109
Nevada 2018 Outlook
Overall, we’ve been enjoying a healthy economy, and 2018 looks to be another good year for 1031 exchanges. Here are some basic Las Vegas and Nevada trends we’re looking at for 2018
- Median home value: Las Vegas rose by a massive 12.4 percent in a 12-month period that mostly encapsulated the year 2017. Per a slightly different time period calculation, home values in Las Vegas during a similar period represented the second-largest single year-over-year increase of any city tracked.
- Availability: 2018 has begun similarly to how 2017 went – with limited availability for homes. Single-family home availability was down over 35 percent year-over-year in Las Vegas, with median sales prices on these homes down 11 percent.
- Pricing: As a result, prices are generally on the rise. They are not expected to rise at the same rate as they did in 2017, but a relative supply shortage should still see them moving up.
- Days on market: In October 2017, Las Vegas had a median day on the market of about 55 days, which is higher than the national average. This trend is expected to continue.
- Overall: The prices for homes in and around the city are expected to continue to rise in 2018. However, demand might be a bit softer than it was over the last few years.