SANDLAPPER Securities, LLC launches 1031 Replacement Property Solutions (1031RPS.com)

SANDLAPPER Securities, LLC (“Sandlapper”) has launched a new focused venture 1031 Replacement Property Solutions and its website, www.1031RPS.com as an on-line marketplace for “Accredited Investors” to access an inventory of available securitized 1031 replacement property options primarily for use when executing a 1031 tax deferred exchange.

An Internal Revenue Code §1031 exchange (“1031 exchange”) allows an investor of real property to defer any gains (or carry forward any losses) they have, as well as any recapture of previous depreciation deductions when they dispose of such assets provided such proceeds are used to acquire new “Like-Kind” real property assets within a specific period of time and under certain conditions. This exchange has long been a valuable tool for real estate and real property investors and business owners.

“When you consider how quickly 40+% of any gains can be eroded when selling an asset through the payment of federal and state taxes and depreciation recapture, having the ability to ‘defer’ those obligations with a 1031 exchange becomes a monumental tool for investors to maximize and redeploy monies into new investments,” states Sandlapper Founder and CEO Trevor L. Gordon.

One of the major challenges of the 1031 exchange are the limited time parameters in which ‘exchangers’ need to find and acquire suitable replacements.  1031RPS provides exchangers access to real property solutions that are available, suitable for immediate identification in an exchange and immediate investment by accredited investors.  Only those replacement property offerings that have gone through Sandlapper’s stringent internal quantitative and qualitative due diligence processes will be listed on the site, giving exchangers access to a host of solutions in one place.

“We continue to see an increased need for replacement property choices, so this site was developed to provide access to a greater inventory of immediate opportunities and a vehicle to deliver property and offering-specific research and disclosure.  The site also offers an access point to our professionals who can consult directly with the exchange investor on building perhaps a more broadly diversified portfolio using our inventory of undivided fractional interests suitable to hopefully meet both their exchange and investment needs.” Gordon continues, “Many of our exchange clients are looking to invest proceeds that today constitute a great amount of their overall net worth, which in many cases came from a single asset. We can help them exchange those proceeds, maximizing their investable assets through the deferral of the taxable and recapture liabilities, into multiple replacement properties with the ability to diversify by asset class or geography, where suitable. This helps to reduce the overall investment risks they had with a prior lack of diversity.”  

Marlene Arteta, Chief Marketing Officer for Sandlapper and architect of 1031RPS.com states, “We are excited to launch 1031RPS as a ‘virtual branch’ of SANDLAPPER Securities. While it does not replace our professionals to help guide you through the investment process, we believe the site meets a critical need for that hurried exchange buyer with a closing window to invest their proceeds the ability to browse and research financial opportunities whenever and wherever it is most convenient.  We have simplified the process and empowered investors to explore these financial opportunities anywhere, at any time.”  

Through 1031RPS.com, Sandlapper is continuing its mission to provide each client with products and programs that best align with their individual needs, strategies and investment desires.

ABOUT SANDLAPPER SECURITIES, LLC

Founded in 2005, SANDLAPPER Securities, LLC (Member FINRA/SIPC), is the award winning flagship firm in the SANDLAPPER Group of Companies and is an independent securities brokerage firm with registered representatives located throughout the United States. SANDLAPPER principals and founders Trevor Gordon and Jack Bixler, along with their senior management team bring more than 100 years of financial service, advisory, and management experience to the organization. In 2013, the company was named the number one small business in South Carolina by SC Biz News. In 2014, the company was named one of the nation’s top 100 Financial Services Companies and in 2015, for the third year in a row, the company was named one of the 5,000 fastest-growing private companies in America by Inc. Magazine. They have also been twice named as a top 5 fastest growing company in the state of South Carolina by Greenville Business Magazine. For more information visit www.sandlappersecurities.com.