1031 Real Estate Exchanges DON'T LOSE YOUR EQUITY TO TAXES!

 

Are you selling property and not wanting to pay high Capital Gains Tax on your equity? We have the answer you've been looking for. We can provide you with an opportunity to use your investment money on a 1031 EXCHANGE, and defer your tax. A 1031 EXCHANGE allows you to continue to use your equity from the sale of one property and use it on another like property without paying a Capital Gains Tax.

Combs' Properties is currently selling brand new, quality built, two and three bedroom triplex apartment buildings in Clovis , New Mexico. These luxury units are equipped with custom oak cabinetry, central air and heat, coffered ceilings, tiled flooring, quality carpets and all appliances, including microwave ovens and washers and dryers. Our beautiful apartments are just minutes away from Plains Medical Hospital , shopping and schools, making them a very desirable rental investment. In addition to low property taxes, these units have a great purchase price of less than $94.00 per square foot, including land. We are so excited to offer these spacious modern apartments at such affordable prices.

The town of Clovis is a growing community with a bright future. It has that small town atmosphere yet provides adequate shopping, restaurants and medical facilities. Cannon Air Force Base is just six miles west of town and currently has an active military personnel of over 3,200 and with it's new mission, Special Ops, another 3,500 personnel are being brought in, making Cannon a major contributor to growing population of this area.

Portales, a bedroom community, located approximately twenty minutes south of Clovis, was ranked 15th in the nation for best "Quality of Life" among micropolitan cities, in a study done in 2006 by American City Business Journals. It is also home to Eastern New Mexico University with a student body of about 4,200 and growing.

We have a number of newly constructed triplexes in Portales , New Mexico that are priced under $81.00 per square foot, including land.

Recently stories were published in the local papers on the tight rental market in Clovis and Portales. We are certain that with the Hospital expansion, Cannon's new mission and the increase in enrollment at ENMU, there will continue to be a great demand for rentals in the Clovis/Portales area.

Click here for 1031 Exchange property listings.

Several complexes in Portales have already been sold, so hurry and don't miss the opportunity to use your equity on a deferred tax 1031 Exchange!! The tentative completion date on the new construction in Clovis is early spring of 2007.